2013 (9) TMI 973

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.... of the order dated 10.7.2013, petitioner No.1 has filed an affidavit that he has no objection if the jewelleries seized from his premises are handed over on Supurdgi to petitioner No.2. Learned counsel for the respondents does not dispute the correctness of the aforesaid affidavit. In view of the aforesaid affidavit, we propose to dispose of this petition finally. The search was carried out in t....

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....ection to give the jewelleries on Supurdgi to petitioner No.2. Learned counsel for the petitioners submitted that as per the circular of the CBDT, petitioner No.2 is entitled for the jewelleries up to 950 grams and to this extent, petitioner No.2 may be permitted not to furnish bank guarantee. The aforesaid prayer is opposed by Shri Lal, learned counsel for the respondents who submitted that in r....