https://www.taxtmi.com/caselaws?id=10194 The High Court ruled in favor of the petitioners, criticizing the unauthorized encashment of assets by the Department without proper assessment orders. The court directed the Department to return the withdrawn amounts, permitted reinvestment under specific conditions, and ordered the continued attachment of assets until lawful appropriation is completed. en-us Wed, 09 Oct 2002 00:00:00 +0530 Fri, 10 Jul 2009 10:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10194 The High Court ruled in favor of the petitioners, criticizing the unauthorized encashment of assets by the Department without proper assessment orders. The court directed the Department to return the withdrawn amounts, permitted reinvestment under specific conditions, and ordered the continued attachment of assets until lawful appropriation is completed. Case-Laws Income Tax Wed, 09 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10194