https://www.taxtmi.com/caselaws?id=9178 Gift-tax paid cannot be recovered as money paid under a mistake of law where the taxpayers had protested the levy from the outset, knew the legal position, and nevertheless did not pursue the available statutory rectification and revision remedies within time. The Gujarat HC held that a later Supreme Court ruling did not retrospectively convert those payments into refundable payments under the general law. It further held that writ jurisdiction should not be used as a substitute for the missed statutory remedies, and that unexplained delay and non-exhaustion of the prescribed machinery were fatal. The petitions were therefore rejected. en-us Mon, 24 Dec 1973 00:00:00 +0530 Sat, 20 Jun 2009 11:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9178 Gift-tax paid cannot be recovered as money paid under a mistake of law where the taxpayers had protested the levy from the outset, knew the legal position, and nevertheless did not pursue the available statutory rectification and revision remedies within time. The Gujarat HC held that a later Supreme Court ruling did not retrospectively convert those payments into refundable payments under the general law. It further held that writ jurisdiction should not be used as a substitute for the missed statutory remedies, and that unexplained delay and non-exhaustion of the prescribed machinery were fatal. The petitions were therefore rejected. Case-Laws Income Tax Mon, 24 Dec 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9178