https://www.taxtmi.com/circulars?id=68338 Seized promissory notes may be released to the assessee provided the assessee deposits an equivalent amount in the P.D. Account (installments allowed) or furnishes an appropriate irrevocable bank guarantee, with cash deposit preferred, and a certified true copy of each promissory note is maintained, signed and acknowledged by the assessee in the prescribed proforma. en-us Wed, 15 Jun 2005 00:00:00 +0530 Fri, 28 Mar 2025 14:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68338 Seized promissory notes may be released to the assessee provided the assessee deposits an equivalent amount in the P.D. Account (installments allowed) or furnishes an appropriate irrevocable bank guarantee, with cash deposit preferred, and a certified true copy of each promissory note is maintained, signed and acknowledged by the assessee in the prescribed proforma. Circulars Income Tax Wed, 15 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68338