Release of seized promissory notes
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....ur. Sub : Release of seized promissory notes Sir, I am directed to refer to your letter DGIT(Inv.)/JPR/2005-06/127 dated 20.04.05 on the above subject. The seized promissory notes may be released to the assessee subject to the following conditions : (i) The assessee be asked to deposit an equivalent amount in the P.D. Account (in installments) corresponding to the promissory note....
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