https://www.taxtmi.com/caselaws?id=10103 The court ordered the Income-tax Department to refund the petitioner the value of seized bearer bonds, amounting to Rs. 1,80,000 from 1991, along with simple interest at 6% per annum from January 1, 1992, until payment. The Department was authorized to recover the refunded amount from those responsible for the loss of the bonds. The court emphasized that the petitioner was not accountable for the lost bonds, concluding the legal proceedings regarding the seized bearer bonds. en-us Mon, 19 Jul 2004 00:00:00 +0530 Tue, 07 Jul 2009 12:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10103 The court ordered the Income-tax Department to refund the petitioner the value of seized bearer bonds, amounting to Rs. 1,80,000 from 1991, along with simple interest at 6% per annum from January 1, 1992, until payment. The Department was authorized to recover the refunded amount from those responsible for the loss of the bonds. The court emphasized that the petitioner was not accountable for the lost bonds, concluding the legal proceedings regarding the seized bearer bonds. Case-Laws Income Tax Mon, 19 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10103