https://www.taxtmi.com/caselaws?id=773294 MP HC dismissed petition challenging warrant of authorization for seizure of gold jewellery worth Rs. 1,07,70,042/-. Court held that petitioners failed to challenge original seizure order through revision, and subsequent criminal proceedings were already quashed in earlier order dated 19.3.2024. Multiple applications for release of ornaments were dismissed by Magistrate and HC. Income Tax Authority correctly refused release due to pending demand of Rs. 1.08 crores following assessment order dated 24.12.2019 and dismissed appeal. Court ruled petition misconceived as proper remedy lies before Income Tax Appellate Tribunal under Section 132-B of Income Tax Act. en-us Fri, 25 Apr 2025 00:00:00 +0530 Fri, 20 Jun 2025 08:34:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773294 MP HC dismissed petition challenging warrant of authorization for seizure of gold jewellery worth Rs. 1,07,70,042/-. Court held that petitioners failed to challenge original seizure order through revision, and subsequent criminal proceedings were already quashed in earlier order dated 19.3.2024. Multiple applications for release of ornaments were dismissed by Magistrate and HC. Income Tax Authority correctly refused release due to pending demand of Rs. 1.08 crores following assessment order dated 24.12.2019 and dismissed appeal. Court ruled petition misconceived as proper remedy lies before Income Tax Appellate Tribunal under Section 132-B of Income Tax Act. Case-Laws Income Tax Fri, 25 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773294