https://www.taxtmi.com/caselaws?id=16974 Seized gold biscuits and currency suspected to represent undisclosed income may remain in the Income-tax Department's custody where an investigation is ongoing and the available material supports its claim. Materials recorded during investigation, including statements under the Code of Criminal Procedure, may be considered when assessing entitlement to custody, particularly where later-produced documents are doubtful. Revisional interference is unwarranted where the appellate conclusion contains no legal infirmity, perversity, or unsustainable reasoning. The departmental custody was therefore maintained for enquiry and assessment. en-us Mon, 05 Jan 1998 00:00:00 +0530 Mon, 14 Sep 2009 13:20:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16974 Seized gold biscuits and currency suspected to represent undisclosed income may remain in the Income-tax Department's custody where an investigation is ongoing and the available material supports its claim. Materials recorded during investigation, including statements under the Code of Criminal Procedure, may be considered when assessing entitlement to custody, particularly where later-produced documents are doubtful. Revisional interference is unwarranted where the appellate conclusion contains no legal infirmity, perversity, or unsustainable reasoning. The departmental custody was therefore maintained for enquiry and assessment. Case-Laws Income Tax Mon, 05 Jan 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16974