TaxTMI 
TaxTMI 
2025 (2) TMI 613
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....or the Petitioner: Mr Mihir Naniwadekar i/by Mr. Ruturaj H Gurjar,. For the Respondent Nos. 1 to 4: Mr Suresh Kumar,. For the Respondent No.5- Bank of Maharashtra: Mr. Pradeep Sancheti, Senior Advocate a/w Ms. Hema Desai, Ms Ruchi Bagwe i/by Ms. Shivani Shah. Mr. Sanjay Kumar Dash - the Asstt. General Manager, a/w Mr. Ankur Jain and Mr. Abhijit Ranjan from Bank of Maharashtra present. ....
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.... verification conducted of the strong room by the officials of Bank of Maharashtra and Income Tax Department. At this joint inspection, it was found that all other articles deposited by the Tax Department in the strong room were safe and tallied. The affidavit also states that the Bank of Maharashtra has been operating the Safe Deposit Vault facility for the last almost 4 decades cine 1966-67 with....
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....e items of the Tax Department are found to be safe and tallied in the bank's strong room/vault and further, this has been the first incident, we do not wish to pursue this matter any further. At the same time, we record that Mr. Sancheti, the learned Senior Advocate for the Bank and Mr. Suresh Kumar, the learned counsel for the Income Tax Department have adopted a most reasonable approach in the m....
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....etails transfer this amount into the Petitioner's bank account. 7. The Petitioner can receive this amount without prejudice to his rights to pursue ordinary remedies, should the Petitioner still have any grievances. 8. The Registry to return balance amount of Rs. 10,00,000/- to the Bank of Maharashtra since, to overcome administrative difficulties, it is the bank which deposited the entire a....