https://www.taxtmi.com/caselaws?id=20504 A reassessment declared barred by limitation under section 153(2A) of the Income-tax Act, 1961 rendered the tax collected on that basis unlawful, so the amount was recoverable as money realised without authority of law. Refund followed as a consequential legal obligation once the reassessments were held invalid under the earlier reference under section 256(1), and an express refund direction in that reference was not required. On that basis, the assessee was entitled to return of the tax deposited under the time-barred reassessments. en-us Fri, 07 May 1993 00:00:00 +0530 Sat, 14 Nov 2009 13:18:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20504 A reassessment declared barred by limitation under section 153(2A) of the Income-tax Act, 1961 rendered the tax collected on that basis unlawful, so the amount was recoverable as money realised without authority of law. Refund followed as a consequential legal obligation once the reassessments were held invalid under the earlier reference under section 256(1), and an express refund direction in that reference was not required. On that basis, the assessee was entitled to return of the tax deposited under the time-barred reassessments. Case-Laws Income Tax Fri, 07 May 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20504