https://www.taxtmi.com/caselaws?id=235759 A notice proposing action under the Negotiable Instruments Act and the Indian Penal Code, issued after search and detention proceedings in a commercial tax matter, was considered unsustainable where the goods were not seized at search, security had been taken through post-dated cheques and a signed undertaking, the Tribunal had reduced the security, and the amount had been deposited. In those circumstances, no useful purpose remained in continuing action on the notice or related complaints, and the notice and any proposed action pursuant to it were not to be acted upon. en-us Fri, 26 Jul 2013 00:00:00 +0530 Fri, 02 Aug 2013 06:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235759 A notice proposing action under the Negotiable Instruments Act and the Indian Penal Code, issued after search and detention proceedings in a commercial tax matter, was considered unsustainable where the goods were not seized at search, security had been taken through post-dated cheques and a signed undertaking, the Tribunal had reduced the security, and the amount had been deposited. In those circumstances, no useful purpose remained in continuing action on the notice or related complaints, and the notice and any proposed action pursuant to it were not to be acted upon. Case-Laws VAT and Sales Tax Fri, 26 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235759