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2003 (4) TMI 63 - HC - Income TaxVoluntary Disclosure of Income Scheme, 1997 (VDIS) - This writ petition has been filed for quashing the impugned notice u/s 144A for proceeding under section 158BD, read with section 158BC. - refund of seized amount. The petitioner has also prayed for a mandamus restraining the respondents from proceeding with block assessment under section 158BC. - The petitioner had a valid certificate granted to him by the Commissioner of Income tax, Meerut, under section 68(2) of the Voluntary Disclosure' of Income Scheme, 1997, and hence the impugned proceedings under section 158BD in pursuance of notice dated October 29, 2001, and December 12, 2001, are illegal and are hereby quashed. The amount seized from the petitioner shall be re funded to the petitioner along with interest at 12 per cent. per annum from the date of seizure to the date of refund
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