https://www.taxtmi.com/caselaws?id=305002 Seized cash under the income-tax search provisions was treated as lawfully retained while assessment proceedings remained pending, because section 132(9A) was applied on the footing that the authorised officer had also acted as the assessing officer and the matter was later transferred to the jurisdictional assessing officer. The court rejected the 60-day objection on the facts and held that the cash could remain in safe custody until completion of assessment. A writ of mandamus for return of the cash was therefore not maintainable, and the seizure and retention were upheld. en-us Thu, 03 Jul 2008 00:00:00 +0530 Thu, 10 Nov 2022 10:37:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305002 Seized cash under the income-tax search provisions was treated as lawfully retained while assessment proceedings remained pending, because section 132(9A) was applied on the footing that the authorised officer had also acted as the assessing officer and the matter was later transferred to the jurisdictional assessing officer. The court rejected the 60-day objection on the facts and held that the cash could remain in safe custody until completion of assessment. A writ of mandamus for return of the cash was therefore not maintainable, and the seizure and retention were upheld. Case-Laws Income Tax Thu, 03 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305002