Assessee not entitled to waiver of interest under s 234B and 234C on account of the non-adjustment of seized cash by the department against the tax liability

IN THE HIGH COURT OF GUJARAT AT AHMEDABAD SPECIAL CIVIL APPLICATION No. 15457 of 2010 WITH SPECIAL CIVIL APPLICATION No. 15458 of 2010 MANHARBHAI MULJIBHAI KAKADIA Versus UNION OF INDIA Date : 04/05/2011 ORAL JUDGMENT (Per : HONOURABLE MR.JUSTICE AKIL KURESHI) 1. These petitions, arising in similar factual background, have been heard together and are being disposed of by this common judgment. 2. Briefly stated facts are as follows:- 2.1 Search and seizure operations were carried out in the premises of the petitioner on 30.6.2004. During the operation, total cash of Rs.2,81,0...