https://www.taxtmi.com/caselaws?id=210097 The court concluded that there was sufficient information for the authority to believe that the seized money was undisclosed income under the Income-tax Act. The petition challenging the warrant of authorization was dismissed, with the court finding that the authority had not acted arbitrarily or with a lack of application of mind. The court emphasized that the power to issue the warrant was properly exercised, and the petitioners' arguments were deemed unsubstantiated. The dismissal of the writ petition was without any costs imposed on the petitioners. en-us Thu, 05 May 2011 00:00:00 +0530 Thu, 29 Nov 2012 16:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210097 The court concluded that there was sufficient information for the authority to believe that the seized money was undisclosed income under the Income-tax Act. The petition challenging the warrant of authorization was dismissed, with the court finding that the authority had not acted arbitrarily or with a lack of application of mind. The court emphasized that the power to issue the warrant was properly exercised, and the petitioners' arguments were deemed unsubstantiated. The dismissal of the writ petition was without any costs imposed on the petitioners. Case-Laws Income Tax Thu, 05 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210097