https://www.taxtmi.com/caselaws?id=28743 The court set aside the order passed under section 132(5) of the Income Tax Act, 1961, in favor of the petitioner. The Commissioner's actions were found to be justified based on relevant reasons, but the failure to consider the explanation for part of the funds recovered and the violation of Rule 112A(4) of the Income Tax Rules rendered the order invalid. The court emphasized the mandatory nature of procedural rules and directed the refund of the retained amount, highlighting the importance of providing individuals with a fair opportunity to respond to materials used against them. en-us Tue, 08 Jun 1982 00:00:00 +0530 Thu, 25 Feb 2010 13:06:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28743 The court set aside the order passed under section 132(5) of the Income Tax Act, 1961, in favor of the petitioner. The Commissioner's actions were found to be justified based on relevant reasons, but the failure to consider the explanation for part of the funds recovered and the violation of Rule 112A(4) of the Income Tax Rules rendered the order invalid. The court emphasized the mandatory nature of procedural rules and directed the refund of the retained amount, highlighting the importance of providing individuals with a fair opportunity to respond to materials used against them. Case-Laws Income Tax Tue, 08 Jun 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28743