Honble MISRA, J.–In view of Section 132 B (3) of the Income- tax Act, 1961 (hereinafter to be referred as ``the I.T. Act, 1961), whether the Income-tax Authorities/respondents herein could retain the excess assets belonging to the petitioner which had been seized in course of an income tax raid can be retained during pendency of an appeal even after the discharge of the tax liabilities of the petitioner, is a question which falls for consideration in this writ petition. (2). The facts in so far as it is relevant for purpose of determination of the question are rather simple and lie in straight jacket, as they are not disputed. (3) A search was conducted on 18.9.96 under Section 132 of the I.T. Act, 1961 in the residential house of the petitioner which lay in the joint occupation of his sons and himself. In course of this search, large quantity of assets were seized from the petitioners bed room and a seizure list was prepared which disclosed that a cash amount of Rs. 18,50,000/- (Rupees eighteen lacs fifty thousand) were seized and Jewellery including Gold and Silver worth Rs. 5,00,000/- approximately as also documents regarding petitioners investment worth Rs. 71,000/- were also seized. Accordingly, a notice under Section 152(2) under the I.T. Act, 1961 was issued on 31st January, 1997 which was served on the petitioner on 6th February, 1997. Thereafter, Returns were filed by the petitioner on 27th August, 1997, and an assessment of the tax liability of the petitioner towards un-disclosed income for the period 1.4.86 to 18.9.986 was assessed at Rs. 29,89,151 due to which 60% tax was assessed under Section 113 of the I.T. Act, 1961 and hence a sum of Rs. 17,93,490/- was held payable by the petitioner as per the order of the Deputy Commissioner of Income-tax(Assessment) at Jaipur on 30.9.97. The order in categorical terms states order was passed with the prior approval of the Commissioner of Income-tax Bikaner Headquarter at Jaipur. (4). A notice of demand was therefore, issued to the petitioner for Rs. 17,93,490/- was held payable by the petitioner as per the order of the Deputy Commissioner of Income-tax(Assessment) at Jaipur on 30.9.97. The order in categorical terms states order was passed with the prior approval of the Commissioner of Income-tax Bikaner Headquarter at Jaipur. (4). A notice of demand was therefore, issued to the petitioner for Rs. 17,93,490/- by respondent No.4, Deputy Commissioner of Income Tax, Special Range-2, Assessment at Jaipur, in response to which notice, an application was submitted on behalf of the petitioner on 6th October, 1997 before respondent No.4, who had issued the demand notice informing him that the cash seized in the search may be appropriated & adjusted towards the tax liability of Rs. 17,93,490/- out of the seized cash amount of Rs. 18,50,000/-, which amount was lying in the custody of the respondent in P.D. Account. The petitioner therein also requested respondent No.3, the Commissioner Income Tax, to transfer the balance amount of seized cash of Rs. 56,510/- after adjusting his tax liability and thereafter release the seized ornaments of gold and silver and Indira Vikas Patra of the value of Rs. 71,000/- which has not been done till date as a result of which the petitioner had to move this Court for release of his cash, ornament & document on the plea is that once the petitioner discharged his tax liability which included penalty adjusted, there is no reason to allow his property under confiscation, as the authorities are statutorily bound to re- lease the seized goods once the order of assessment is passed on 30.9.97 and the petitioner discharged his liability. (5). Learned counsel for the petitioner has submitted that the Income Tax Authorities/respondents were legally bound to make the adjustment, as prayed by the petitioner, out of the cash amount seized from the petitioner and according to the petitioners case, they have also already made such adjustment and appropriation and once they have done it, they have no justification whatsoever to retain the balance assets referred to hereinabove, as un-due retention of the petitioners property which the respondents had seized as a public authority, tantamounts to a breach of trust. The respondents, according to him, however, are unauthorisedly retaining the excess assets of the petitioner without any legal justification, subjecting the petitioner to further harassment by compelling him to move this Court by filing this writ petition. The respondents, according to him, however, are unauthorisedly retaining the excess assets of the petitioner without any legal justification, subjecting the petitioner to further harassment by compelling him to move this Court by filing this writ petition. In support of his submission, learned counsel has relied on several Authorities reported in Income Tax Report. (6). Prima facie a sustainable case having been made out in favour of the pe- titioner, a show cause notice was issued to the respondents/Income Tax Authorities and although at the outset the respondents advocate Shri Anant Kasliwal did not object to the release of the excess assets, after deducting the petitioners tax liability, yet he submitted that it should be recorded as to whether the cash which was seized belonged to the petitioner or his firm and only after recording such sta- tement on his behalf, the goods be ordered to be released since the petitioner has filed the appeal before the Income Tax Appellate Tribunal disputing the correctness of the assessment order dated 30.9.97 passed by the Deputy Commissioner of Income Tax respondent No.4. According to the learned counsel for the respondents, this is a cause weighty enough, not to release the excess assets of the peti- tioner since the petitioner has not come out with a clear and specific case as to whether the seized cash belonged to him or the firm. In this regard the respondents have urged that the petitioner has not come out with clear stand that the entire assets seized from his bad-room belonged to him exclusively and none-else although in course of the assessment proceedings, the petitioner did not raise the plea of cash belonging to the firm, but the aforesaid plea has been taken by him in the appeal. It has been further averred by respondents No.3 and 4 that although they were in the process of releasing the petitioners excess assets seized, they suddenly came across a ground taken in the appeal preferred by the petitioner before the Tribunal that the assets did not belong to him, but to the firm & hence, was justified in retaining his cash & other assets even though he has discharged his liabilities towards arrears of tax. (7). (7). From the averments of the respondents, it is quite evident that the respondents have attempted to justify their action of not releasing the excess assets of the petitioner, as they want to elicit a categorical stand from the petitioner regarding the confiscated goods & cash order in to confront him in the appeal and therefore, it is clearly apparent that the goods have not been released as a pressure tactics on the petitioner, so that, he may give up his stand in the appeal. (8). The respondent-authorities, however, seem to have completely missed that once an assessment order has been passed determining the liability of the petitioner, they are legally and statutorily bound to release the seized goods in excess of his liability towards payment of tax in terms of the mandatory direction given out under Section 132 B itself and if the petitioner has shifted his stand regarding ownership of seized articles in his memo of appeal pending before the Income Tax Appellate Tribunal, he can be duly & legally confronted by the Income-tax authorities objecting such resilience and change of his plea, the benefits of which can be availed of by the Income-tax authorities. But, this in any view, cannot be treated as a sufficient reason to retain the assets of the petitioner or to use this as a method which is clearly coercive to elicit or procure statement against himself by hook or by crook. The legal position that the Income Tax Authorities are bound to release the goods after an assessment order is made is not under any confusion or ambiguity and there are also several pronouncements on the point that the Income Tax Authorities are legally bound to release the goods once an assessment order is made which has been cited in support of petitioners case. (9). I deem it appropriate to mention only two judgments, which are exactly identical to the facts and legal question involved herein. The first citation relates to the case of Anil Kumar D. Gajjar V. Commissioner of Income-Tax (1) which is a Division Bench judgment of the Gujrat High Court. In this matter the residential premises of the petitioner was searched by the Income-tax authorities in exercise of the powers under Section 132 of the Income Tax Act, 1961 and a cash amount of Rs. In this matter the residential premises of the petitioner was searched by the Income-tax authorities in exercise of the powers under Section 132 of the Income Tax Act, 1961 and a cash amount of Rs. 51,000/- was seized and although a major part of it was released after deducting the amount of tax which was liable to be paid by the petitioner therein, a part of it was not released & hence the petitioner had requested refund of the amount of Rs. 7750/-. The respondent-Commissioner of Income-tax thereafter, re- funded the said amount, but no interest was paid and the petitioner moved the High Court by filing a writ petition claiming interest. The petitioner was allowed and it was held that the petitioner was entitled to interest in accordance with the provisions of Section 132-B(4) read with Section 243 for retention of Rs. 7750/- and he was held entitled to interest @ 15% on the amount which was refunded from the date of filing of the petitioner till the date of payment. From this, an obvious inference can be drawn that retention of the amount was held illegal which justified payment of interest. (10). Another case is similar to the case of the petitioner is P.P. Kanniah vs. Income-Tax Officer, Central Circle-I, Madras & Anr. (2) wherein the Income-tax au- thorities had refused to deliver the seized assets to the petitioner therein as they had retained it for the purpose of meeting the aggregate of the tax liability of the petitioner after he had disclosed income under the Voluntary Disclosure of Income-Tax and Wealth Ordinance, 1975. The Collector of Central Excise, Madras wrote to the Income-tax Officer not to hand over to him the gold Jewellery and diamond Je- wellery on the ground that the petitioner had committed an offence under Section 8(1) of the Gold Control Act and a case had been registered against him due to which the Jewellery was refused to be handed over to the petitioner whose property had been seized. It was held therein that Section 132(5) of the I.T. Act cannot be read to mean that once the Income-tax Officer passes an order under that section to the effect that he was retaining in his hands part of the seized assets or the whole thereof for the purpose of meeting the aggregate of the tax liability as estimated under SC 132(5) (i) or (ii), the property in the assets immediately passes to the ITO. The section can only mean that it will be open to the ITO to appropriate the sale proceeds of the assets against the liability of the person concerned unless it be that the entire assets are in the form of cash. (11). The true import of Section 132(5) has been interpreted from time to time in a series of decisions the ratio of which can clearly be inferred that the Income-tax authorities can not retain the confiscated property once the liability of tax is discha- rged by deducting the amount seized and no situation justifies retention of the property after discharge of the liability whose property was seized in the raid. (12). In view of the aforesaid legal position as clearly envisaged under Section 132(B) of the Act I find no merit in the submission urged on behalf of the respondents that they had valid reasons to retain the amount of cash of the petitioner since the petitioner has filed an appeal where the petitioner is required to make a clear cut statement to whom the seized property belongs as that can very well be contested by the parties before the appropriate forum & hence the continuance of seizure of the amount of the petitioner for the reasons cannot be allowed to continue as Section 132(5) of the I.T. Act clearly directs release of the amount after settling the liability of the amount of tax payable by the assessee. (13). The writ petition, therefore, deserves to be allowed and hence the respondents are directed to release the cash amount, which has been seized during the raid as also the Jewellery and Indira Vikas Patra after deducting the amount of Rs. 17,93,490/- which had been assessed under Section 132 of the I.T. Act. (14). The writ petition, thus, stands allowed without costs.