https://www.taxtmi.com/caselaws?id=325573 When cash seized by police is validly requisitioned by income-tax authorities under section 132A of the Income-tax Act, 1961, the money passes into the statutory income-tax machinery and its release or retention must be dealt with under that Act, including the procedure then applicable under section 132(5). The Magistrate or Sessions Court has no jurisdiction to order release of the requisitioned assets, particularly where the Income-tax Department is not impleaded. The criminal court application for return of the cash was therefore not maintainable and the order directing release could not stand. en-us Fri, 04 Mar 2016 00:00:00 +0530 Wed, 23 Mar 2016 09:55:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325573 When cash seized by police is validly requisitioned by income-tax authorities under section 132A of the Income-tax Act, 1961, the money passes into the statutory income-tax machinery and its release or retention must be dealt with under that Act, including the procedure then applicable under section 132(5). The Magistrate or Sessions Court has no jurisdiction to order release of the requisitioned assets, particularly where the Income-tax Department is not impleaded. The criminal court application for return of the cash was therefore not maintainable and the order directing release could not stand. Case-Laws Income Tax Fri, 04 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325573