https://www.taxtmi.com/caselaws?id=2895 The Supreme Court upheld the legality of the search and seizure operations, validity of restraint orders under Section 132(3) of the Income Tax Act, jurisdiction to issue fresh warrants, retention of seized amounts, and compliance with procedural requirements. The court dismissed the appeal, directing the seized amount to be kept in an interest-bearing fixed deposit until the assessment completion by 31st March 2008, affirming that authorities acted within their jurisdiction and complied with procedural requirements. en-us Tue, 29 Jan 2008 00:00:00 +0530 Wed, 30 Jul 2008 13:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2895 The Supreme Court upheld the legality of the search and seizure operations, validity of restraint orders under Section 132(3) of the Income Tax Act, jurisdiction to issue fresh warrants, retention of seized amounts, and compliance with procedural requirements. The court dismissed the appeal, directing the seized amount to be kept in an interest-bearing fixed deposit until the assessment completion by 31st March 2008, affirming that authorities acted within their jurisdiction and complied with procedural requirements. Case-Laws Income Tax Tue, 29 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2895