https://www.taxtmi.com/caselaws?id=251404 Amounts paid under the Kar Vivad Samadhan Scheme, 1998 pursuant to a declaration under Section 88 could not be refunded because Section 93 expressly barred refund of any amount paid under the Scheme. The assessee, having elected to settle the dispute under the statutory framework and paid the amount determined by the designated authority, could not later rely on the earlier assessment position to claim return of that sum. An assessment order directing such refund was therefore contrary to the statutory prohibition and was treated as erroneous and prejudicial to the interests of the Revenue, justifying revision under Section 263. en-us Wed, 27 Aug 2014 00:00:00 +0530 Sat, 13 Sep 2014 11:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251404 Amounts paid under the Kar Vivad Samadhan Scheme, 1998 pursuant to a declaration under Section 88 could not be refunded because Section 93 expressly barred refund of any amount paid under the Scheme. The assessee, having elected to settle the dispute under the statutory framework and paid the amount determined by the designated authority, could not later rely on the earlier assessment position to claim return of that sum. An assessment order directing such refund was therefore contrary to the statutory prohibition and was treated as erroneous and prejudicial to the interests of the Revenue, justifying revision under Section 263. Case-Laws Income Tax Wed, 27 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251404