https://www.taxtmi.com/caselaws?id=9772 The court, in a case concerning the adjustment of a refund against a demand under the Income-tax Act, ruled in favor of the petitioner, an assessee-company. The court held that the lack of prior written intimation as required under section 245 of the Act before adjusting the refund was a violation of the petitioner's rights. As a result, the court quashed the adjustment intimation and directed the respondents to provide proper intimation in the future before making any such adjustments under section 245. The judgment underscored the significance of adhering to procedural requirements, particularly in refund-demand adjustments under the Income-tax Act. en-us Fri, 09 Jun 2006 00:00:00 +0530 Tue, 30 Jun 2009 17:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9772 The court, in a case concerning the adjustment of a refund against a demand under the Income-tax Act, ruled in favor of the petitioner, an assessee-company. The court held that the lack of prior written intimation as required under section 245 of the Act before adjusting the refund was a violation of the petitioner's rights. As a result, the court quashed the adjustment intimation and directed the respondents to provide proper intimation in the future before making any such adjustments under section 245. The judgment underscored the significance of adhering to procedural requirements, particularly in refund-demand adjustments under the Income-tax Act. Case-Laws Income Tax Fri, 09 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9772