https://www.taxtmi.com/caselaws?id=464280 HC held the search and seizure under s.132 invalid because the satisfaction note authorising the warrant was not produced despite prior Tribunal and HC directions, warrant issuance lacked the requisite recorded reasons and could reflect mala fides or collateral purpose. The Court affirmed that authorities must satisfy the court about regularity and relevant grounds for belief; courts may examine existence and relevance of material underpinning that belief though not its sufficiency. In view of non-production, an adverse inference was drawn and the exercise of power liable to be struck down, warranting quashing of proceedings. en-us Fri, 13 Oct 2023 00:00:00 +0530 Tue, 14 Oct 2025 10:48:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464280 HC held the search and seizure under s.132 invalid because the satisfaction note authorising the warrant was not produced despite prior Tribunal and HC directions, warrant issuance lacked the requisite recorded reasons and could reflect mala fides or collateral purpose. The Court affirmed that authorities must satisfy the court about regularity and relevant grounds for belief; courts may examine existence and relevance of material underpinning that belief though not its sufficiency. In view of non-production, an adverse inference was drawn and the exercise of power liable to be struck down, warranting quashing of proceedings. Case-Laws Income Tax Fri, 13 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464280