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Income Tax - Highlights / Catch Notes

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HC dismissed the appeal challenging tax authority's search and ...


Taxpayer's Challenge to Search Operation Fails; Court Allows Limited Relief in Seized Assets Dispute

May 24, 2025

Case Laws     Income Tax     HC

HC dismissed the appeal challenging tax authority's search and seizure operation. The court rejected prayers to quash summons and panchanama, finding they had already been implemented. Regarding seized jewelry, the court granted liberty to the appellant to file an application before the assessing officer seeking release under appropriate conditions. The court directed the assessing officer to commence assessment proceedings within two months and noted inability to direct return of jewelry to specific respondent outside court's jurisdiction. The appeal and connected application were dismissed with specific observations and procedural directions.

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