https://www.taxtmi.com/caselaws?id=21944 The High Court ruled in favor of the petitioner, quashing the order made under section 132(5) of the Income-tax Act, 1961. The court held that the search conducted on the petitioner's residential premises was invalid as the warrant did not authorize the search of his individual premises. Additionally, the court found that the seizure of assets, limited to cash voluntarily offered by the petitioner, was not valid as it did not include other valuable items. Consequently, the court allowed the petition on substantial grounds, emphasizing the necessity of proper authorization and seizure procedures under the law. en-us Tue, 19 Nov 1991 00:00:00 +0530 Fri, 04 Dec 2009 13:43:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21944 The High Court ruled in favor of the petitioner, quashing the order made under section 132(5) of the Income-tax Act, 1961. The court held that the search conducted on the petitioner's residential premises was invalid as the warrant did not authorize the search of his individual premises. Additionally, the court found that the seizure of assets, limited to cash voluntarily offered by the petitioner, was not valid as it did not include other valuable items. Consequently, the court allowed the petition on substantial grounds, emphasizing the necessity of proper authorization and seizure procedures under the law. Case-Laws Income Tax Tue, 19 Nov 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21944