( 1 ) THIS is a petition under article 226 of the Constitution of India for an appropriate writ, direction or order (i) declaring the seizure of a sum of Rs. 10,00,000 on 30/11/1981 by the Commissioner of Income-tax, Andhra Pradesh Circle II, Hyderabad, from the State Bank of India, Chandulal Baradari Branch, Hyderabad, under s. 132 (1) of the Income-tax Act as illegal and with out jurisdiction, (ii) direct bearer Bonds, 1991 and to deliver the same to the petitioner, and (iii) for further declaring that, in any event, the State Bank of India, Chandulal Baradari Branch, Hyderabad, is bound to invest the said sum of Rs. 10,00,000 in the purchase of Special Bearer Bonds and is accountable to the petitioner accordingly.

( 2 ) WE may notice, in brief, the facts averred by the petitioner which are necessary for the disposal of this petition. The petitioner is partner of a partnership firm carrying on business under thank and style of "pandit Debi Prayag Dutt" with its head office at Calcutta and branches at several places in India. The petitioners in charge of the business carried on the said firm thoughts Hyderabad Branch. The petitioner firm is an assessee at calcutta