https://www.taxtmi.com/caselaws?id=19043 The High Court of Gauhati, through Justice S. N. Phukan, ruled in favor of the writ petitioner concerning the release of explained seized articles under section 132(5) of the Income-tax Act, 1961. The court held that explained seized properties, for which release was directed under section 132(5), must be released immediately, distinguishing them from assets retained without explanation under section 132B. A writ of mandamus was issued to compel the authorities to release the seized property with an explanation. The writ petition was disposed of without costs to either party. en-us Tue, 30 Nov 1993 00:00:00 +0530 Tue, 03 Nov 2009 15:29:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19043 The High Court of Gauhati, through Justice S. N. Phukan, ruled in favor of the writ petitioner concerning the release of explained seized articles under section 132(5) of the Income-tax Act, 1961. The court held that explained seized properties, for which release was directed under section 132(5), must be released immediately, distinguishing them from assets retained without explanation under section 132B. A writ of mandamus was issued to compel the authorities to release the seized property with an explanation. The writ petition was disposed of without costs to either party. Case-Laws Income Tax Tue, 30 Nov 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19043