https://www.taxtmi.com/caselaws?id=393462 The court directed the revenue to process the refund claims for AY 2017-18, 2016-17, and 2018-19 within six weeks, emphasizing that withholding refunds based solely on pending scrutiny assessments was unjust. The revenue was instructed to re-evaluate the claims and provide reasons for any withholding under Section 241A, ensuring due consideration of relevant factors. Failure to comply would result in refunds being transmitted to the petitioner with applicable interest. The court highlighted the need for Assessing Officers to exercise discretion in refund processing based on individual case facts. en-us Tue, 18 Feb 2020 00:00:00 +0530 Fri, 09 Oct 2020 17:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393462 The court directed the revenue to process the refund claims for AY 2017-18, 2016-17, and 2018-19 within six weeks, emphasizing that withholding refunds based solely on pending scrutiny assessments was unjust. The revenue was instructed to re-evaluate the claims and provide reasons for any withholding under Section 241A, ensuring due consideration of relevant factors. Failure to comply would result in refunds being transmitted to the petitioner with applicable interest. The court highlighted the need for Assessing Officers to exercise discretion in refund processing based on individual case facts. Case-Laws Income Tax Tue, 18 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393462