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TMI Blog2025 (2) TMI 1146X X X X Extracts X X X X X X X X Extracts X X X X ..... thing, being stock-in-trade of the business, found as a result of such search shall not be seized but the authorised officer shall make a note or inventory of such stock-in-trade of the business - revenue submitted that the petitioners have alternate and efficacious remedy u/s 132B HELD THAT:- In the clarification, no specific plea is raised regards seizure being ultra vires the provisions of Se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ers seek to rely upon. Within two weeks from receipt of such demand/application/representation, the concerned respondents must deal with such demand/ application/representation and dispose of the same in accordance with law. X X X X Extracts X X X X X X X X Extracts X X X X ..... e revenue in which such a plea was raised. 4. Mr. Jain, learned counsel for the petitioners disputes the applicability of Section 132B in the peculiar facts of this case. He submits that this is a jurisdictional issue and, therefore, this Court should issue a writ of mandamus to the respondents to release the seized gold and jewellery. 5. There is a dispute regards the date of seizure. According ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d based upon the same, there is no demand of return of the gold and jewellery. 7. Mr. Jain submits that he would obtain instructions whether such demand is made. If such demand is indeed made, then, the petitioners must point out such demand to the respondents so that the respondents can deal with such demand. If no demand is made, we grant the petitioners a week's time to make such demand by giv ..... X X X X Extracts X X X X X X X X Extracts X X X X
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