2025 (2) TMI 1146

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....shank Mehta i/by Ms. Radha Halbe,. For Respondent Nos. 1 & 2: Mr. Pritish Chaterjee,. PC:- (PER M. S. SONAK, J.) 1. Heard learned counsel for the parties. 2. The petitioners' contention is that its gold and jewellery seized at Bhubaneswar Airport on 12 May 2024 is illegal and ultra vires given the provisions of Section 132 (1) (iii) of the Income Tax Act, 1961 ('the Act'). He submitted....

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....elease the seized gold and jewellery. 5. There is a dispute regards the date of seizure. According to the petitioners, the seizure was on 12 May 2024 whereas according to the revenue, seizure was on 1 June 2024. However, considering the main contention raised by the petitioners, the date of seizure may not be very important. 6. By communication dated 10 July 2024, the petitioners submitted c....

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....with such demand. If no demand is made, we grant the petitioners a week's time to make such demand by giving full particulars and also, by referring to the relevant legal provisions upon which the petitioners seek to rely upon. Within two weeks from receipt of such demand/application/representation, the concerned respondents must deal with such demand/ application/representation and dispose of the....