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Case Name : Raj Krishan Gupta & Ors Vs Principal Director of Income Tax (Delhi High Court)
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Raj Krishan Gupta & Ors Vs Principal Director of Income Tax (Delhi High Court) Delhi HC Unlocks Truth: Locker Search Upheld, ₹4.6 Cr Bullion & Jewellery Seizure Stays- CBDT Jewellery Limit No Shield: HC Backs IT Dept in Locker Search Case Delhi High Court dismissed a writ petition challenging the legality of search & seizure conducted u/s 132 on three lockers maintained at South Delhi Vaults, New Delhi. Petitioners, consisting of family members, had contended that the jewellery, bullion & diamonds found during the search were either disclosed assets, ancestral property, or b...
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