https://www.taxtmi.com/circulars?id=10110 The assessing officer may set off refunds due to an assessee against tax payable after giving written intimation; the Government refused to create a taxpayer initiated statutory right to effect set offs, reasoning that existing law plus careful administrative exercise by officers prevents coercive recovery and allows assessees to raise discrepancies after intimation. en-us Wed, 26 Sep 1973 00:00:00 +0530 Fri, 17 Jun 2011 17:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10110 The assessing officer may set off refunds due to an assessee against tax payable after giving written intimation; the Government refused to create a taxpayer initiated statutory right to effect set offs, reasoning that existing law plus careful administrative exercise by officers prevents coercive recovery and allows assessees to raise discrepancies after intimation. Circulars Income Tax Wed, 26 Sep 1973 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10110