2010 (2) TMI 276

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....rised persons and to give compensation to the petitioner. 2. The case of the petitioner is that in search conducted on November 20, 1979, under section 132 of the Income-tax Act, 1961, certain jewellery was seized from one Lachhman Dass Verma. The petitioner claims to be the wife of the adopted son of Lachhman Dass namely Rajinder Kumar Verma. The assessment was done in the year 1999 and part of ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....2. It has also been stated that there was litigation pending about succession of the late Lachhman Dass. Further stand of the Revenue is that the seized gold was sold on March 30, 2000 and April 11, 2000 to recover the dues and thus, the jewellery in question was not available with the Revenue. Similar stand has been taken by the private respondents who purchased the jewellery. 4. We have heard ....