For retention of seized Books of account revenue should communicate CIT approval & recorded reasons for said approval to Assessee

HIGH COURT OF KERALA Joshi P. Mathew Versus Deputy Commissioner of Income-tax W.P (C) NO. 620 OF 2012(B) DECEMBER 5, 2012  JUDGMENT 1. The petitioner is an assessee under the Income Tax Act. A search under Section 132 of the Act was conducted in his business and residential premises on 10.01.2008 and 11.01.2008. During the search, certain documents were seized as per Exts.P1 to P3 mahazars. Subsequently, assessment was completed under Section 153A of the Act for the years 2002-2003 to 2007-2008 and Exts.P4 to P9 assessment orders were issued on 28.12.2009. The petitioner is p...