Income Tax Notices Cannot Target Custodian Employees for Valid Business Shipments

Arihant Jewellers Vs PCIT (Madhya Pradesh High Court)

Jewellery in Transit Cannot Be Treated as Undisclosed Income – MP High Court Quashes IT Action Against Custodian & Orders Release of Consignment

The Madhya Pradesh High Court, Indore Bench, dealt with the legality of seizure of jewellery consignments by the Static Surveillance Team (SST) during Assembly elections & subsequent requisition proceedings initiated by the Income Tax Department u/s 132A & reassessment proceedings u/s 148 against a me

Please become a Premium member. If you are already a Premium member, login here to access the full content.