https://www.taxtmi.com/caselaws?id=767217 Specified bank notes seized before the exchange deadline and returned only after they ceased to be legal tender may be deposited when their serial numbers permit identification and verification. Correlation of the notes with subsequently produced serial numbers satisfies the identification requirement under the Specified Bank Notes (Cessation of Liabilities) Act, 2017 and its Rules. Deposit is consequently permitted, and the holder may receive the equivalent value after verification by the Reserve Bank of India. en-us Thu, 27 Feb 2025 00:00:00 +0530 Wed, 12 Mar 2025 09:06:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767217 Specified bank notes seized before the exchange deadline and returned only after they ceased to be legal tender may be deposited when their serial numbers permit identification and verification. Correlation of the notes with subsequently produced serial numbers satisfies the identification requirement under the Specified Bank Notes (Cessation of Liabilities) Act, 2017 and its Rules. Deposit is consequently permitted, and the holder may receive the equivalent value after verification by the Reserve Bank of India. Case-Laws Income Tax Thu, 27 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767217