Bank a/c to be released as assessee's tax liabilities were unlikely to exceed value of already attached properties

INCOME TAX: Where pursuant to search at assessee's premises, revenue formulated a prima facie belief that assessee had undisclosed income as well as undisclosed foreign investment and povisionally attached assessee's bank accounts and two immovable properties, in view of fact that assessee's tax, interest and possible penalty liabilities were unlikely to exceed valuation of aforesaid two immovable properties, provisional attachment of his bank accounts was to be lifted

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