https://www.taxtmi.com/caselaws?id=276577 The Court directed the respondents to refund the seized amount of Rs. 13,51,714 to the petitioner with interest from a specified date. The Court found that there was no justification for withholding the balance amount after the tax liability was settled, emphasizing that the petitioner was entitled to the refund. A timeline of four weeks was set for the refund, and costs were imposed on the Revenue for wrongfully withholding the amount, leading to the necessity of the writ petition. en-us Wed, 26 Apr 2017 00:00:00 +0530 Wed, 14 Nov 2018 07:11:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276577 The Court directed the respondents to refund the seized amount of Rs. 13,51,714 to the petitioner with interest from a specified date. The Court found that there was no justification for withholding the balance amount after the tax liability was settled, emphasizing that the petitioner was entitled to the refund. A timeline of four weeks was set for the refund, and costs were imposed on the Revenue for wrongfully withholding the amount, leading to the necessity of the writ petition. Case-Laws Income Tax Wed, 26 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276577