https://www.taxtmi.com/caselaws?id=83673 The court ruled in favor of the petitioner in a case involving the seizure of cash and goods by Customs Authorities and subsequent intervention by Income Tax Authorities. The court held that the petitioner's disclosure in the Income Tax return rendered the notice under Section 132A(1) infructuous, entitling the petitioner to succeed in the writ petition for the release of the seized cash. While the court directed the release of the seized amount to the petitioner, it declined to hold the authorities liable for interest payment due to the absence of statutory provisions or agreements for such payment. en-us Wed, 21 Apr 1993 00:00:00 +0530 Thu, 14 Jul 2011 18:21:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83673 The court ruled in favor of the petitioner in a case involving the seizure of cash and goods by Customs Authorities and subsequent intervention by Income Tax Authorities. The court held that the petitioner's disclosure in the Income Tax return rendered the notice under Section 132A(1) infructuous, entitling the petitioner to succeed in the writ petition for the release of the seized cash. While the court directed the release of the seized amount to the petitioner, it declined to hold the authorities liable for interest payment due to the absence of statutory provisions or agreements for such payment. Case-Laws Customs Wed, 21 Apr 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83673