https://www.taxtmi.com/caselaws?id=11615 The court granted the petition for a mandamus seeking a refund of a specific sum with interest related to the assessment year 1984-85. The assessment was deemed time-barred due to the Income-tax Officer's failure to pass a new order within the stipulated time frame. The court emphasized the importance of timely assessment procedures, ruling in favor of refunding the amount with 12% interest per annum from the date of deposit to the refund date, to be completed within two months. The decision highlighted the entitlement to interest for delayed refunds and adherence to statutory provisions. en-us Mon, 22 Sep 2003 00:00:00 +0530 Tue, 02 Feb 2010 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11615 The court granted the petition for a mandamus seeking a refund of a specific sum with interest related to the assessment year 1984-85. The assessment was deemed time-barred due to the Income-tax Officer's failure to pass a new order within the stipulated time frame. The court emphasized the importance of timely assessment procedures, ruling in favor of refunding the amount with 12% interest per annum from the date of deposit to the refund date, to be completed within two months. The decision highlighted the entitlement to interest for delayed refunds and adherence to statutory provisions. Case-Laws Income Tax Mon, 22 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11615