https://www.taxtmi.com/caselaws?id=419460 The petition challenging the rejection of an application seeking interim custody of looted cash was dismissed. The court directed the trial court to release the cash amount to the Income Tax Department for further proceedings and assessment under Sections 132 A and 132 B of the Income Tax Act, emphasizing timely completion of assessment proceedings. en-us Fri, 04 Mar 2022 00:00:00 +0530 Sat, 12 Mar 2022 08:05:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419460 The petition challenging the rejection of an application seeking interim custody of looted cash was dismissed. The court directed the trial court to release the cash amount to the Income Tax Department for further proceedings and assessment under Sections 132 A and 132 B of the Income Tax Act, emphasizing timely completion of assessment proceedings. Case-Laws Indian Laws Fri, 04 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419460