https://www.taxtmi.com/caselaws?id=203561 Judicial review of a search authorisation under the Income-tax Act is limited to whether the authorising authority had relevant material, applied its mind, and formed a belief with a rational nexus to that material. On the facts, information from the FIU unit, bank transaction data and secret enquiries indicated large cash deposits, immediate issuance of demand drafts and cheques, and a pattern suggestive of accommodation entries and unaccounted transactions. The satisfaction note showed consideration of this material and a live link to the belief that the statutory conditions were met. The Court held that it could not reassess the sufficiency of the material, and the challenge to the search and seizure failed. en-us Mon, 16 Jun 2008 00:00:00 +0530 Thu, 20 Dec 2012 18:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203561 Judicial review of a search authorisation under the Income-tax Act is limited to whether the authorising authority had relevant material, applied its mind, and formed a belief with a rational nexus to that material. On the facts, information from the FIU unit, bank transaction data and secret enquiries indicated large cash deposits, immediate issuance of demand drafts and cheques, and a pattern suggestive of accommodation entries and unaccounted transactions. The satisfaction note showed consideration of this material and a live link to the belief that the statutory conditions were met. The Court held that it could not reassess the sufficiency of the material, and the challenge to the search and seizure failed. Case-Laws Income Tax Mon, 16 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203561