https://www.taxtmi.com/caselaws?id=16038 The court held that seized cash should first be adjusted against block assessment liability before existing tax liabilities. The adjustment made without adhering to this priority was deemed invalid, setting aside the impugned order. The rejection of the petitioner's declaration under the Kar Vivad Samadhan Scheme was also found unjustified due to the invalid adjustment. Both writ petitions were allowed, and the rule nisi was made absolute, with no order as to costs. en-us Mon, 19 Apr 1999 00:00:00 +0530 Mon, 31 Aug 2009 16:04:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16038 The court held that seized cash should first be adjusted against block assessment liability before existing tax liabilities. The adjustment made without adhering to this priority was deemed invalid, setting aside the impugned order. The rejection of the petitioner's declaration under the Kar Vivad Samadhan Scheme was also found unjustified due to the invalid adjustment. Both writ petitions were allowed, and the rule nisi was made absolute, with no order as to costs. Case-Laws Income Tax Mon, 19 Apr 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16038