SLP dismissed as warrant of authorization was based on info. that society was engaged in siphoning off funds

IT : Where High Court took a view that warrant of authorisation was based on definite information that assessee-society was engaged in siphoning off funds by way of advancing loans to shell companies and, therefore, order passed under section 133A(3)(ia) whereby documents and books of account belonging to assessee were seized, was also in consonance with provisions of Act, SLP filed against decision of High Court was to be dismissed

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