https://www.taxtmi.com/caselaws?id=21698 The court dismissed the writ petition, affirming the validity of the Assistant Commissioner of Income-tax's request under Section 226(4) of the Act. It held that the amount allowed to be withdrawn without security belonged to the petitioner and could be appropriated by the Income-tax Department. The amount requiring security would only belong to the petitioner after furnishing security. The court ruled in favor of the Income-tax Department, dismissing the petition with costs. en-us Mon, 27 May 1991 00:00:00 +0530 Thu, 26 Nov 2009 18:37:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21698 The court dismissed the writ petition, affirming the validity of the Assistant Commissioner of Income-tax's request under Section 226(4) of the Act. It held that the amount allowed to be withdrawn without security belonged to the petitioner and could be appropriated by the Income-tax Department. The amount requiring security would only belong to the petitioner after furnishing security. The court ruled in favor of the Income-tax Department, dismissing the petition with costs. Case-Laws Income Tax Mon, 27 May 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21698