https://www.taxtmi.com/caselaws?id=405520 The High Court directed the Revenue to remit the determined refund amount of Rs. 5,89,14,434/- along with interest within 10 days from the judgment receipt. The Court emphasized that the mere issuance of a scrutiny notice does not justify withholding the refund unless conditions under Section 241A are met. As the Revenue failed to demonstrate compliance with these conditions, the writ petition was allowed, and pending applications were closed. The Court also suggested a constructive approach of hearing the assessee before or after passing an order under Section 241A in future cases with similar facts. en-us Thu, 18 Mar 2021 00:00:00 +0530 Mon, 22 Mar 2021 09:17:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405520 The High Court directed the Revenue to remit the determined refund amount of Rs. 5,89,14,434/- along with interest within 10 days from the judgment receipt. The Court emphasized that the mere issuance of a scrutiny notice does not justify withholding the refund unless conditions under Section 241A are met. As the Revenue failed to demonstrate compliance with these conditions, the writ petition was allowed, and pending applications were closed. The Court also suggested a constructive approach of hearing the assessee before or after passing an order under Section 241A in future cases with similar facts. Case-Laws Income Tax Thu, 18 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405520