HC : Rejects assessee's challenge to 'search' operations but remands matter to consider 'confiscation' afresh

HC dismisses assessee’s challenge to Revenue’s search operations holding that same was carried observing 'substantive due process' as well as 'procedural due process’; Finds that Revenue had ‘reason to believe’, in pursuance of which search and seizure operations were carried out in assessee’s factory, stating that, ‘reasons to believe’ were based upon information received fortified by interception of assessee’s goods where...