https://www.taxtmi.com/caselaws?id=23222 The Kerala High Court, in a judgment by K. P. Radhakrishna Menon J., ruled on the legality of seizing immovable properties under section 132 of the Income-tax Act. The court held that immovable properties cannot be seized under section 132, emphasizing that the term "other valuable article or thing" is limited to movables only. The court set aside the seizure of immovable properties in the case, concluding that the seizure was not justified under the provisions of section 132. The court also addressed concerns regarding valuation of the properties but deemed it unnecessary as the properties had already been valued. en-us Thu, 23 Aug 1990 00:00:00 +0530 Thu, 17 Dec 2009 16:20:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23222 The Kerala High Court, in a judgment by K. P. Radhakrishna Menon J., ruled on the legality of seizing immovable properties under section 132 of the Income-tax Act. The court held that immovable properties cannot be seized under section 132, emphasizing that the term "other valuable article or thing" is limited to movables only. The court set aside the seizure of immovable properties in the case, concluding that the seizure was not justified under the provisions of section 132. The court also addressed concerns regarding valuation of the properties but deemed it unnecessary as the properties had already been valued. Case-Laws Income Tax Thu, 23 Aug 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23222