https://www.taxtmi.com/caselaws?id=13791 Property seized by police remains in police custody, not court custody, until a Magistrate passes an order under section 457 of the Code of Criminal Procedure. On that basis, the police officer in possession or control of the cash was the relevant custodian for section 132A of the Income-tax Act, so the requisition by the Income-tax authorities was valid. However, the police could not lawfully hand over the seized cash to the Income-tax authorities without first obtaining a section 457 order. As the requisition was upheld, the consequential challenge to the block assessment notice under section 158BC also failed, and the notice was treated as valid. en-us Fri, 15 Dec 2000 00:00:00 +0530 Thu, 02 Jul 2009 17:19:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13791 Property seized by police remains in police custody, not court custody, until a Magistrate passes an order under section 457 of the Code of Criminal Procedure. On that basis, the police officer in possession or control of the cash was the relevant custodian for section 132A of the Income-tax Act, so the requisition by the Income-tax authorities was valid. However, the police could not lawfully hand over the seized cash to the Income-tax authorities without first obtaining a section 457 order. As the requisition was upheld, the consequential challenge to the block assessment notice under section 158BC also failed, and the notice was treated as valid. Case-Laws Income Tax Fri, 15 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13791