https://www.taxtmi.com/caselaws?id=785239 Challenge concerning credit for taxes paid by challans and release/refund of cash seized under the Direct Tax Vivad se Vishwas Act 2020; respondents initially declined matching challan credit but subsequently allowed credit for three challans resulting in a refund, while declining credit for seized cash. Respondents accepted seizure, acknowledged misallocation of seizure records, and agreed to release and refund the seized cash with accumulated interest within 30 days, subject to an indemnity bond filed by the petitioner. The CPC is directed to process the refund arising from the corrected Form No. 5 within 30 days. en-us Wed, 14 Jan 2026 00:00:00 +0530 Tue, 20 Jan 2026 06:31:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785239 Challenge concerning credit for taxes paid by challans and release/refund of cash seized under the Direct Tax Vivad se Vishwas Act 2020; respondents initially declined matching challan credit but subsequently allowed credit for three challans resulting in a refund, while declining credit for seized cash. Respondents accepted seizure, acknowledged misallocation of seizure records, and agreed to release and refund the seized cash with accumulated interest within 30 days, subject to an indemnity bond filed by the petitioner. The CPC is directed to process the refund arising from the corrected Form No. 5 within 30 days. Case-Laws Income Tax Wed, 14 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785239