https://www.taxtmi.com/caselaws?id=242973 The court upheld the legality of the search and seizure operation conducted on August 1, 2013, and the subsequent notices issued under Section 131(1A) of the Income Tax Act, 1961. The court found that the authorizing officer had a valid "reason to believe" based on substantial information, and the Deputy Director had the authority to issue the notices. The petition and subsequent application were dismissed, with costs assessed at Rs. 6 lakh to be paid by the petitioners. en-us Tue, 24 Dec 2013 00:00:00 +0530 Fri, 31 Jan 2014 10:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242973 The court upheld the legality of the search and seizure operation conducted on August 1, 2013, and the subsequent notices issued under Section 131(1A) of the Income Tax Act, 1961. The court found that the authorizing officer had a valid "reason to believe" based on substantial information, and the Deputy Director had the authority to issue the notices. The petition and subsequent application were dismissed, with costs assessed at Rs. 6 lakh to be paid by the petitioners. Case-Laws Income Tax Tue, 24 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242973