https://www.taxtmi.com/caselaws?id=771146 The Kerala HC upheld search and seizure proceedings initiated by the income tax department against a political party office bearer under section 132 of the Income Tax Act. The court found that the warrant was issued based on sufficient reasons, including undisclosed bank accounts not linked to PAN and unrevealed financial information in tax returns. The satisfaction note and approval order contained elaborate reasoning meeting legal requirements established in Supreme Court precedent. No malafides were indicated. However, the court noted that the prohibitory order issued under section 132(3) had expired by operation of law after 60 days as mandated by section 132(8A), requiring no further judicial declaration. en-us Fri, 02 May 2025 00:00:00 +0530 Mon, 19 May 2025 12:48:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771146 The Kerala HC upheld search and seizure proceedings initiated by the income tax department against a political party office bearer under section 132 of the Income Tax Act. The court found that the warrant was issued based on sufficient reasons, including undisclosed bank accounts not linked to PAN and unrevealed financial information in tax returns. The satisfaction note and approval order contained elaborate reasoning meeting legal requirements established in Supreme Court precedent. No malafides were indicated. However, the court noted that the prohibitory order issued under section 132(3) had expired by operation of law after 60 days as mandated by section 132(8A), requiring no further judicial declaration. Case-Laws Income Tax Fri, 02 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771146