Release of seized jewellery/gold u/s 132B within 120 days is directory not mandatory
December 27, 2025
High Courts, Income Tax
Stipulation of 120 days for release of seized jewellery/gold u/s 132B is directory not mandatory – Delhi High Court In a recent judgment, Hon’ble Delhi High Court has held that in view of section 132B(4), the stipulation of 120 days for release of seized jewellery/gold is directory not …