https://www.taxtmi.com/caselaws?id=15813 Promissory notes attached and seized by a Tax Recovery Officer under rule 30 of the Second Schedule are governed by recovery proceedings, not by the limited survey powers under section 133A. Section 133A(4) restricts removal of books, documents, cash, stock and valuable articles during an income-tax survey, but does not invalidate a separate attachment and seizure of negotiable instruments undertaken under the tax recovery rules. Consequently, promissory notes validly seized in recovery proceedings need not be returned on the basis of the survey restriction. en-us Tue, 09 Sep 1997 00:00:00 +0530 Sat, 29 Aug 2009 12:55:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15813 Promissory notes attached and seized by a Tax Recovery Officer under rule 30 of the Second Schedule are governed by recovery proceedings, not by the limited survey powers under section 133A. Section 133A(4) restricts removal of books, documents, cash, stock and valuable articles during an income-tax survey, but does not invalidate a separate attachment and seizure of negotiable instruments undertaken under the tax recovery rules. Consequently, promissory notes validly seized in recovery proceedings need not be returned on the basis of the survey restriction. Case-Laws Income Tax Tue, 09 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15813