Bombay HC Seeks Accountability for Lost Jewelry Seized by Tax Department in 2005

Hiralal H Malu, Legal Heir of Late Mrs. Shakuntala Hiralal Malu Vs Deputy Director of Income Tax (Investigation) (Bombay High Court) Bombay High Court heard a petition filed by Hiralal H. Malu, the legal representative of his late wife, Shakuntala Malu, regarding the return of seized jewelry. The Income Tax Department had seized gold and diamond jewelry from Shakuntala Malu’s premises in 2005, valued at ₹7,56,640. Following assessments and appeals, it was determined that no tax dues were pending, and an order for the release of the jewelry was issued on April 11, 2018. However, despite...