https://www.taxtmi.com/caselaws?id=467944 Retention of seized cash and gold jewellery was held unjustified where no material nexus with the alleged offence was established. The appellant was not named as an accused in the ECIR or the Prosecution Complaint, and the record did not substantiate that the valuables were proceeds of crime. The earlier release of the seized documents and digital devices had already rendered that challenge infructuous, and the referral of the matter to the Income Tax Department did not justify continued retention by the respondent. The impugned order was set aside to that extent in favour of the appellant. en-us Wed, 23 Apr 2025 00:00:00 +0530 Fri, 10 Apr 2026 09:01:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467944 Retention of seized cash and gold jewellery was held unjustified where no material nexus with the alleged offence was established. The appellant was not named as an accused in the ECIR or the Prosecution Complaint, and the record did not substantiate that the valuables were proceeds of crime. The earlier release of the seized documents and digital devices had already rendered that challenge infructuous, and the referral of the matter to the Income Tax Department did not justify continued retention by the respondent. The impugned order was set aside to that extent in favour of the appellant. Case-Laws Money Laundering Wed, 23 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467944