Income Tax 8 September 2026
Tax Dept Seizes Assets, Woman Wins ITAT Appeal
The Income Tax Department seized gold, diamonds and silver from a woman's home and bank locker in a tax search. She appealed, and on July 14, 2026 the ITAT Mumbai overturned the seizure, ruling in her favor. Punit Shah represented her.
The Income Tax Department seized gold, diamonds and silver from a woman's residence and bank locker during a tax search. She challenged the action in ITAT Mumbai.
- Outcome: On July 14, 2026 the ITAT ruled the seizure unlawful and ordered its return.
- Representation: Chartered Accountant Punit Shah handled the appeal.
Read the full case details here.
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