https://www.taxtmi.com/caselaws?id=8988 Section 132 of the Income-tax Act permits authorisation for search, seizure and restraint where the Commissioner has reason to believe that money or other valuables representing undisclosed income are in a person's possession. The power is not defeated because the currency notes were already seized by customs, and it is wide enough to cover a person holding property on behalf of the true owner. An actual search need not precede an order under section 132(3), and the subsequent retention order under section 132(5) was not vitiated on the facts. The challenge to the search and retention action therefore failed. en-us Tue, 13 Feb 1973 00:00:00 +0530 Wed, 17 Jun 2009 20:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8988 Section 132 of the Income-tax Act permits authorisation for search, seizure and restraint where the Commissioner has reason to believe that money or other valuables representing undisclosed income are in a person's possession. The power is not defeated because the currency notes were already seized by customs, and it is wide enough to cover a person holding property on behalf of the true owner. An actual search need not precede an order under section 132(3), and the subsequent retention order under section 132(5) was not vitiated on the facts. The challenge to the search and retention action therefore failed. Case-Laws Income Tax Tue, 13 Feb 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8988