https://www.taxtmi.com/caselaws?id=425350 The Court held that adjustments of refunds for the assessment year 2008-09 against outstanding demands for subsequent years without prior intimation, as required by section 245 of the Income Tax Act, 1961, were illegal. The Court quashed the adjustments made by respondent No.2 and directed them to reconsider the adjustments in compliance with the law, emphasizing the importance of providing prior intimation and considering objections raised by the taxpayer. If no action was taken within eight weeks, respondent No.2 was instructed to process the petitioner's refund for the relevant assessment year. en-us Mon, 18 Jul 2022 00:00:00 +0530 Thu, 21 Jul 2022 09:28:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425350 The Court held that adjustments of refunds for the assessment year 2008-09 against outstanding demands for subsequent years without prior intimation, as required by section 245 of the Income Tax Act, 1961, were illegal. The Court quashed the adjustments made by respondent No.2 and directed them to reconsider the adjustments in compliance with the law, emphasizing the importance of providing prior intimation and considering objections raised by the taxpayer. If no action was taken within eight weeks, respondent No.2 was instructed to process the petitioner's refund for the relevant assessment year. Case-Laws Income Tax Mon, 18 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425350