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of <h1>Court orders refund of recovered amount with interest, emphasizing justice and fairness.</h1> The court allowed the petition, directing the respondents to refund the recovered amount of Rs. 8,41,142.85 with interest within one month. The court ... Assessment Year Issues:1. Quashing of assessments for specific assessment years2. Prohibition on recovery actions for certain assessment years3. Refund of recovered amounts with interest4. Direction on properties standing in the names of relatives5. Validity of attachment orders on rental incomeAnalysis:1. The petitioner sought relief to quash assessments for the assessment years 1985-86, 1986-87, and 1987-88. The Income-tax Department confirmed that the assessments for these years had been set aside by the Central Income-tax Tribunal, rendering the relief redundant.2. The petitioner also requested to prohibit recovery actions for the mentioned assessment years. Since no demands were outstanding against the petitioner for those years and no recovery proceedings were initiated, this relief was deemed redundant as well.3. The main relief sought was the refund of the amount recovered, totaling Rs. 8,41,142.85, along with interest at 18%. The petitioner argued that since the assessments were deemed bad, the recovery should be refunded. The Department proposed adjusting this amount against demands for other years, but the court found it unfair as the recovery was held to be bad for the specific period.4. Regarding the direction on properties standing in the names of relatives, the Income-tax Department argued that the relatives were name-lenders without sufficient income sources. The court, however, focused on the legality of the recovery and the ownership of the recovered amount, ultimately ruling in favor of the petitioner.5. The validity of attachment orders on rental income was also discussed. The petitioner claimed that no rent was received due to the attachment, and the court acknowledged that after the attachment order expired, the petitioner should receive the normal rent.In conclusion, the court allowed the petition, directing the respondents to refund the recovered amount with interest within one month. The court emphasized the unfairness of adjusting the recovered amount against unrelated demands and highlighted the importance of justice in the decision-making process.
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