https://www.taxtmi.com/caselaws?id=8802 Cash seized under the Income-tax Act could be handed to the income-tax department where authorised seizure was supported by material showing unexplained possession and no satisfactory source explanation, so returning it to the petitioners would be a needless formality. Primary gold was also liable to seizure and retention by Gold Control authorities because its possession was admitted to be contrary to the Gold (Control) Act. However, the gold jewels and transistor could not be delivered to Customs or Gold Control authorities, as neither officer had formed the required reasonable belief of statutory contravention before seeking custody; in the absence of that pre-condition, seizure was unlawful and those articles had to be returned. en-us Fri, 13 Oct 1972 00:00:00 +0530 Thu, 04 Jun 2009 17:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8802 Cash seized under the Income-tax Act could be handed to the income-tax department where authorised seizure was supported by material showing unexplained possession and no satisfactory source explanation, so returning it to the petitioners would be a needless formality. Primary gold was also liable to seizure and retention by Gold Control authorities because its possession was admitted to be contrary to the Gold (Control) Act. However, the gold jewels and transistor could not be delivered to Customs or Gold Control authorities, as neither officer had formed the required reasonable belief of statutory contravention before seeking custody; in the absence of that pre-condition, seizure was unlawful and those articles had to be returned. Case-Laws Income Tax Fri, 13 Oct 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8802