https://www.taxtmi.com/caselaws?id=442104 The court held that the circular prescribing a specific time limit for filing a refund application is not binding and cannot impose a limitation not found in the statute. It directed the department to allow the assessee to claim a refund and set off amounts due from various assessment years against the refunded amounts. The court emphasized the importance of utilizing Section 245 of the Income Tax Act for effective resolution. en-us Fri, 18 Aug 2023 00:00:00 +0530 Wed, 23 Aug 2023 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442104 The court held that the circular prescribing a specific time limit for filing a refund application is not binding and cannot impose a limitation not found in the statute. It directed the department to allow the assessee to claim a refund and set off amounts due from various assessment years against the refunded amounts. The court emphasized the importance of utilizing Section 245 of the Income Tax Act for effective resolution. Case-Laws Income Tax Fri, 18 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442104