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    <title>2024 (4) TMI 1259 - ALLAHABAD HIGH COURT</title>
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    <description>Where the adjudication order had been set aside and that setting aside had been affirmed, continued retention of the petitioner&#039;s fixed deposits was not justified. The relief for release of the seized amount was treated as consequential to the subsisting invalidation of the adjudication order, and the connected appeal&#039;s disposal reinforced that the deposit could not be retained further. The petitioner was therefore entitled to release of the fixed deposits forthwith together with statutory interest.</description>
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      <link>https://www.taxtmi.com/caselaws?id=461736</link>
      <description>Where the adjudication order had been set aside and that setting aside had been affirmed, continued retention of the petitioner&#039;s fixed deposits was not justified. The relief for release of the seized amount was treated as consequential to the subsisting invalidation of the adjudication order, and the connected appeal&#039;s disposal reinforced that the deposit could not be retained further. The petitioner was therefore entitled to release of the fixed deposits forthwith together with statutory interest.</description>
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      <pubDate>Wed, 03 Apr 2024 00:00:00 +0530</pubDate>
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