https://www.taxtmi.com/caselaws?id=33890 Expired bank guarantee papers furnished only as interim security lost operative value once the guarantee was not revalidated, so the revenue had no basis to retain the originals and had to return them. A further undertaking linked to separate pending tax appeals could not be imposed in this writ proceeding because it was unrelated to the relief sought and arose from independent proceedings. The operative principle is that an authority cannot continue to hold expired security documents or attach conditions drawn from separate appellate matters to the pending petition. en-us Fri, 13 Mar 2009 00:00:00 +0530 Sat, 20 Jun 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33890 Expired bank guarantee papers furnished only as interim security lost operative value once the guarantee was not revalidated, so the revenue had no basis to retain the originals and had to return them. A further undertaking linked to separate pending tax appeals could not be imposed in this writ proceeding because it was unrelated to the relief sought and arose from independent proceedings. The operative principle is that an authority cannot continue to hold expired security documents or attach conditions drawn from separate appellate matters to the pending petition. Case-Laws Customs Fri, 13 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33890