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2024 (9) TMI 1057

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..... anded over to the Income Tax Department, in pursuance to the requisition sent by the Income Tax Department u/s 132A - direction to return the seized cash to the petitioners - HELD THAT:- The stand of the respondents that the cash amount seized from the petitioners has been handed over to the Income Tax Department in pursuance to the requisition sent by the Income Tax Department, remedy for release .....

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..... e seized cash to the petitioners. The total cash seized from both the petitioners comes to Rs.39,70,760/-. 2. The State has filed statement. In the statement, it has been said that cash amount of Rs.39,70,760/- seized from the petitioners was kept under the safe locker of the District Treasury, Pathanamthitta on 21.09.2023 and was taken back on 26.03.2024, in the presence of Income Tax officials a .....

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..... show cause notice. They may be given some more time to submit the reply. 4. Considering the said submission and the stand of the respondents that the cash amount seized from the petitioners has been handed over to the Income Tax Department in pursuance to the requisition sent by the Income Tax Department, remedy for release of the cash lies before the Income Tax Department and the petitioners are .....

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