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Delhi HC Orders Conditional Release of Seized Jewellery, Cash After Income Tax Search

Direct Tax

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By Mariya Paliwala
Delhi HC Orders Conditional Release of Seized Jewellery, Cash After Income Tax Search

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The Delhi High Court has directed the Income Tax Department to release gold jewellery, bullion and cash worth over ₹6.35 crore seized during a search operation, after members of the Rastogi family agreed to deposit ₹2.5 crore as advance/self-assessment tax to safeguard the interests of the Revenue. A Division Bench comprising Justice Dinesh Mehta and…

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Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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