TMI BlogRespondents Must Honor Redemption Letter for Refund Without Proof of Bank Guarantee Encashment; Department to Review Records.Refund claim - the respondents are bound to honor the redemption letter and effect the refund. The respondents cannot call upon the petitioner to prove when the bank guarantee was encashed. It is for the Department to verify their records and come to a conclusion. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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