https://www.taxtmi.com/caselaws?id=216277 The court allowed the writ petition, directing the petitioner to receive interest of Rs.7,42,616/- for 16 months on the seized amount of Rs.92,82,700/-, with the balance to be paid within four weeks. Additionally, the petitioner was granted interest at 12% per annum on the remaining sum of Rs.59,09,793/- for the period from 1.3.2007 to 1.3.2011, to be paid within six weeks. The court ordered a re-examination of the Rs.33,72,907/- adjustment by the concerned authority, providing the petitioner with a hearing and a speaking order within two months. en-us Tue, 28 Aug 2012 00:00:00 +0530 Tue, 02 Jul 2013 12:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216277 The court allowed the writ petition, directing the petitioner to receive interest of Rs.7,42,616/- for 16 months on the seized amount of Rs.92,82,700/-, with the balance to be paid within four weeks. Additionally, the petitioner was granted interest at 12% per annum on the remaining sum of Rs.59,09,793/- for the period from 1.3.2007 to 1.3.2011, to be paid within six weeks. The court ordered a re-examination of the Rs.33,72,907/- adjustment by the concerned authority, providing the petitioner with a hearing and a speaking order within two months. Case-Laws Income Tax Tue, 28 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216277