https://www.taxtmi.com/caselaws?id=235951 The High Court upheld the Magistrate's decision to return a portion of seized cash to the accused under strict conditions, rejecting the Income Tax Department's argument for the entire amount to aid in their investigation. The Court supported the Magistrate's order, emphasizing the need for the cash not to remain idle and the absence of prejudice to the Department's interests. The revision petition was dismissed, affirming the validity of the interim order and its applicability in the case. en-us Mon, 29 Jul 2013 00:00:00 +0530 Sat, 07 Dec 2013 15:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235951 The High Court upheld the Magistrate's decision to return a portion of seized cash to the accused under strict conditions, rejecting the Income Tax Department's argument for the entire amount to aid in their investigation. The Court supported the Magistrate's order, emphasizing the need for the cash not to remain idle and the absence of prejudice to the Department's interests. The revision petition was dismissed, affirming the validity of the interim order and its applicability in the case. Case-Laws Income Tax Mon, 29 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235951