https://www.taxtmi.com/caselaws?id=22012 The court held that interest under section 244(1A) could be adjusted against tax liability under section 245, interpreting "refund" broadly to avoid impractical results. Despite a technical lapse in prior intimation, the adjustment was valid. Seized drafts were encashed for tax liability, except for one invalid draft, leading to a refund of Rs. 2,500. The writ petition was mostly dismissed, with the exception of the refund order. The respondents were directed to pay Rs. 2,500 within two weeks, and no costs were awarded. en-us Thu, 28 Jun 1990 00:00:00 +0530 Sat, 05 Dec 2009 14:00:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22012 The court held that interest under section 244(1A) could be adjusted against tax liability under section 245, interpreting "refund" broadly to avoid impractical results. Despite a technical lapse in prior intimation, the adjustment was valid. Seized drafts were encashed for tax liability, except for one invalid draft, leading to a refund of Rs. 2,500. The writ petition was mostly dismissed, with the exception of the refund order. The respondents were directed to pay Rs. 2,500 within two weeks, and no costs were awarded. Case-Laws Income Tax Thu, 28 Jun 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22012