https://www.taxtmi.com/caselaws?id=26054 The court upheld the validity of the orders passed by the Commissioner of Income-tax and the Income-tax Officer. It found that the proceedings were valid as the draft order was issued before the relevant amendment. The court determined that the gold bar found in a locker belonged to the petitioner based on evidence and dismissed the trust claim. Additionally, the court upheld the Commissioner's decision, noting the lack of evidence supporting the trust claim. The court advised the petitioner to pursue statutory remedies for challenging the assessment order and dismissed the writ petition, emphasizing the availability of such remedies. en-us Thu, 07 Nov 1985 00:00:00 +0530 Tue, 02 Feb 2010 15:10:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26054 The court upheld the validity of the orders passed by the Commissioner of Income-tax and the Income-tax Officer. It found that the proceedings were valid as the draft order was issued before the relevant amendment. The court determined that the gold bar found in a locker belonged to the petitioner based on evidence and dismissed the trust claim. Additionally, the court upheld the Commissioner's decision, noting the lack of evidence supporting the trust claim. The court advised the petitioner to pursue statutory remedies for challenging the assessment order and dismissed the writ petition, emphasizing the availability of such remedies. Case-Laws Income Tax Thu, 07 Nov 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26054