Review of search & seizure cases - Income Tax - F. No. 289/24/2005-IT(Inv. II)

F. No. 289/24/2005-IT(Inv. II) Ministry of Finance Department of Revenue Central Board of Direct Taxes Date of Issue : 27.12.2005 To All Director Generals of Income-tax (Inv.) Sub : Review of search seizure cases Sir/Madam, The undersigned is directed to refer to convey the directions on the basis of the discussion between the Secretary (Revenue) and MOS (R), as under: That there should be no reluctance or fear, on the part of the Investigation Wing to deal with high profile areas. On the other hand, a few such cases, if property taken up, would have a strong beneficial revenue effect. This direction may be borne in mind by the Investigation Wing The above is brought to your kind notice for information and necessary action. Yours faithfully, Sd./- Abha Rani Singh Under Secretary (Inv. II/III)