Allahabad HC Orders Income Tax Dept to Pay Compensation After Seized Jewellery Stolen from Bank Locker

Last updated: 31 October 2025 Follow on Google News

The Allahabad High Court has directed the Income Tax Department to compensate a taxpayer whose seized gold jewellery worth over Rs 90 lakh was stolen from a bank locker where it had been stored for safekeeping. According to a report, the case arose after income tax officials, during a raid on Mr. J

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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