https://www.taxtmi.com/caselaws?id=260576 The High Court allowed the writ petition filed by a private firm and its proprietor, quashing the order of the Directorate of Revenue Intelligence directing the freeze of the firm's bank account under the Customs Act, 1962. The Court held that the Directorate's action was without jurisdiction as Section 110 of the Act does not authorize holding withdrawals from bank accounts. The Court referenced precedents from other High Courts to support its decision, concluding that the Senior Intelligence Officer lacked the power to issue such a freeze direction. The freeze order was set aside, and the petitioners were permitted to operate the bank account. en-us Thu, 07 May 2015 00:00:00 +0530 Wed, 30 Sep 2015 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260576 The High Court allowed the writ petition filed by a private firm and its proprietor, quashing the order of the Directorate of Revenue Intelligence directing the freeze of the firm's bank account under the Customs Act, 1962. The Court held that the Directorate's action was without jurisdiction as Section 110 of the Act does not authorize holding withdrawals from bank accounts. The Court referenced precedents from other High Courts to support its decision, concluding that the Senior Intelligence Officer lacked the power to issue such a freeze direction. The freeze order was set aside, and the petitioners were permitted to operate the bank account. Case-Laws Customs Thu, 07 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260576