https://www.taxtmi.com/caselaws?id=15986 The court held in favor of the petitioner, State Bank of Patiala, in a case challenging the adjustment of its tax refund against outstanding tax demands. The court found that the Assessing Officer's actions were unsustainable due to non-compliance with Section 245 of the Income-tax Act regarding prior intimation and the improper application of Section 245 to the Interest-tax Act. The court quashed the communications related to the adjustment and directed the respondents to pay the refundable amounts along with interest to the petitioner, with costs assessed at Rs. 10,000 in each petition. en-us Wed, 05 May 1999 00:00:00 +0530 Mon, 31 Aug 2009 13:13:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15986 The court held in favor of the petitioner, State Bank of Patiala, in a case challenging the adjustment of its tax refund against outstanding tax demands. The court found that the Assessing Officer's actions were unsustainable due to non-compliance with Section 245 of the Income-tax Act regarding prior intimation and the improper application of Section 245 to the Interest-tax Act. The court quashed the communications related to the adjustment and directed the respondents to pay the refundable amounts along with interest to the petitioner, with costs assessed at Rs. 10,000 in each petition. Case-Laws Income Tax Wed, 05 May 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15986