Surprise Searches Can Be Conducted On Family's Lockers U/S 132 Of Income Tax Act Over Suspicion Of Undisclosed Assets: Delhi High Court

The Delhi High Court recently delivered its verdict on a petition challenging the legality of searches conducted under Section 132 of the Income Tax Act, 1961. The petitioners sought to declare the searches at their private lockers in South Delhi Vaults, New Delhi, as unlawful. The searches had been authorized by the Director General of Income Tax (Investigation), Delhi, on the suspicion that the petitioners held undisclosed income or valuables…