https://www.taxtmi.com/circulars?id=9572 Restraint orders under section 132(3) are a short-term measure and should not be prolonged. For stocks, do not issue orders for perishable goods; promptly investigate source and extent of unexplained investment and compute tax, penalty and interest. Release stock on unconditional bank guarantee for the computed amount, and if the assessee refuses, pursue realisation through auction under enforcement provisions. Review all pending restraint orders on stock in light of these instructions. en-us Sat, 27 Oct 1984 00:00:00 +0530 Tue, 07 Jun 2011 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9572 Restraint orders under section 132(3) are a short-term measure and should not be prolonged. For stocks, do not issue orders for perishable goods; promptly investigate source and extent of unexplained investment and compute tax, penalty and interest. Release stock on unconditional bank guarantee for the computed amount, and if the assessee refuses, pursue realisation through auction under enforcement provisions. Review all pending restraint orders on stock in light of these instructions. Circulars Income Tax Sat, 27 Oct 1984 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9572