https://www.taxtmi.com/caselaws?id=16078 The court dismissed the petition seeking to quash an order releasing seized materials in a criminal case related to undisclosed wealth under the Income-tax Act. The court emphasized the need for prompt exercise of power under section 132A of the Act and highlighted the untimely invocation of such power by the petitioner. Additionally, the court found the remedy for the recovery of unassessed wealth available under the Act sufficient, leading to the dismissal of the application. en-us Mon, 17 Aug 1998 00:00:00 +0530 Mon, 31 Aug 2009 18:22:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16078 The court dismissed the petition seeking to quash an order releasing seized materials in a criminal case related to undisclosed wealth under the Income-tax Act. The court emphasized the need for prompt exercise of power under section 132A of the Act and highlighted the untimely invocation of such power by the petitioner. Additionally, the court found the remedy for the recovery of unassessed wealth available under the Act sufficient, leading to the dismissal of the application. Case-Laws Income Tax Mon, 17 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16078