IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH Sanjeet Singh and others ….Petitioners versus Principal Director of Income Tax (Investigation), Chandigarh and others …Respondents

1. The date when the judgment is reserved 31.01.2026 2. The date when the judgment is pronounced 18.02.2026 3. The date when the judgment is uploaded on the 19.02.2026 website

4. Whether only operative part of the judgment is Full pronounced or whether the full judgment is pronounced

5. The delay, if any, of the pronouncement of full Not judgment, and reasons thereof applicable CORAM: HON'BLE MR. JUSTICE DEEPAK SIBAL HON'BLE MS. JUSTICE LAPITA BANERJI Present: Ms. Radhika Suri, Senior Advocate with Ms. Parnika Singla, Advocate and Mr. Abhinav Narang, Advocate for the petitioners.

Mr. Ranvijay Singh, Senior Panel Counsel for the respondents.

DEEPAK SIBAL, J.

1. Through the present petition, the petitioners seek release of their jewellery, seized by the Income Tax authorities during search conducted on 03.03.2022 at the residential premises of petitioner No.1 because according to the petitioners, withholding of release of the said jewellery is arbitrary and violates the terms of the circular dated

16.10.2023