https://www.taxtmi.com/circulars?id=68357 When a settlement application has been decided by the Income Tax Settlement Commission, seized non cash assets should be reviewed at the time the Commission's order is given effect; only assets sufficient to meet any residual Income tax or Wealth Tax liability after the order should be retained, and the remaining seized assets should be released under the statutory release procedure with the approval of the Commissioner or Chief Commissioner of Income Tax. en-us Mon, 01 Sep 2014 00:00:00 +0530 Sat, 29 Mar 2025 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68357 When a settlement application has been decided by the Income Tax Settlement Commission, seized non cash assets should be reviewed at the time the Commission's order is given effect; only assets sufficient to meet any residual Income tax or Wealth Tax liability after the order should be retained, and the remaining seized assets should be released under the statutory release procedure with the approval of the Commissioner or Chief Commissioner of Income Tax. Circulars Income Tax Mon, 01 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68357