Search & seizure proceedings invalid in absence of reasons to believe: SC

Union of India & Ors. Vs  Magnum Steel Ltd. (Supreme Court of India) Search & Seizure proceedings cannot be initiated unless there is sufficient material against the assessee The Hon’ble Supreme Court in Union of India & Ors. v. M/s. Magnum Steel Ltd. [Civil Appeal Nos. 9597-9599 of 2011 dated March 2, 2023] has held that, the person authorizing the search must express its satisfaction that the material is sufficient for it to conclude that search is necessary. Further held that, there should exist something to show what is such material. Furthermore, stated that, the concerned ...