https://www.taxtmi.com/caselaws?id=766067 The petitioner was permitted to withdraw a reasonable amount from the court deposit against admitted entitlement to the restored gold ornaments, while the balance was directed to be returned to the Bank of Maharashtra. The Court treated the deposit as having been made for administrative convenience and recorded that the remaining articles in the strong room were safe on joint verification. The release and return were expressly without prejudice to the inter se rights and liabilities of the bank and the Income Tax Department, and did not affect the petitioner's ordinary remedies. en-us Fri, 14 Feb 2025 00:00:00 +0530 Mon, 17 Feb 2025 08:48:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766067 The petitioner was permitted to withdraw a reasonable amount from the court deposit against admitted entitlement to the restored gold ornaments, while the balance was directed to be returned to the Bank of Maharashtra. The Court treated the deposit as having been made for administrative convenience and recorded that the remaining articles in the strong room were safe on joint verification. The release and return were expressly without prejudice to the inter se rights and liabilities of the bank and the Income Tax Department, and did not affect the petitioner's ordinary remedies. Case-Laws Income Tax Fri, 14 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766067