https://www.taxtmi.com/caselaws?id=19935 Section 132 of the Income-tax Act authorises seizure of movable assets such as money, bullion, jewellery or other valuable article or thing, not immovable property. The Court distinguished provisional attachment under section 281B as the statutory route for dealing with immovable property where lawfully warranted. Because the proceedings were initiated under section 132, the seizure of immovable property exceeded the scope of that provision and was without jurisdiction. The seizure was therefore invalid and liable to be quashed, and the petitioner succeeded. en-us Wed, 24 Aug 1994 00:00:00 +0530 Tue, 10 Nov 2009 16:53:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19935 Section 132 of the Income-tax Act authorises seizure of movable assets such as money, bullion, jewellery or other valuable article or thing, not immovable property. The Court distinguished provisional attachment under section 281B as the statutory route for dealing with immovable property where lawfully warranted. Because the proceedings were initiated under section 132, the seizure of immovable property exceeded the scope of that provision and was without jurisdiction. The seizure was therefore invalid and liable to be quashed, and the petitioner succeeded. Case-Laws Income Tax Wed, 24 Aug 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19935