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![Penalty cant be levied on Erroneously Seized Amount: Supreme Court [Read Judgment] Penalty cant be levied on Erroneously Seized Amount: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/04/Cash-Seized.jpg)
Penalty can't be levied on Erroneously Seized Amount: Supreme Court [Read Judgment]
The Supreme Court of India has held that when the liability to pay an erroneously withheld sum is acknowledged and accepted by the Revenue Department,...