https://www.taxtmi.com/caselaws?id=15042 The court ruled in favor of the petitioner, finding the retention of her seized assets by the Income-tax authorities to be illegal. The court directed the authorities to return the jewellery and National Savings Certificates to the petitioner within 15 days, as her tax liabilities had been settled. Additionally, the court rejected the claim for compensation due to the delay in returning the assets, citing sovereign functions of the State and the petitioner's delayed approach to the court. The court also ordered the respondents to pay costs amounting to Rs. 2,500 to the petitioner. en-us Mon, 15 Mar 1999 00:00:00 +0530 Mon, 27 Jul 2009 18:03:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15042 The court ruled in favor of the petitioner, finding the retention of her seized assets by the Income-tax authorities to be illegal. The court directed the authorities to return the jewellery and National Savings Certificates to the petitioner within 15 days, as her tax liabilities had been settled. Additionally, the court rejected the claim for compensation due to the delay in returning the assets, citing sovereign functions of the State and the petitioner's delayed approach to the court. The court also ordered the respondents to pay costs amounting to Rs. 2,500 to the petitioner. Case-Laws Income Tax Mon, 15 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15042