https://www.taxtmi.com/caselaws?id=759138 MP HC held that tax refund cannot be denied due to non-functionality of TRACES portal. Court ruled that after ITAT order, respondents must refund amount with interest without requiring petitioner to complete formalities through TRACES portal. Section 245 allows set-off of refunds against outstanding tax, but TRACES portal limitations cannot override statutory provisions under Income Tax Act. Rights granted to assessee under Income Tax Act cannot be withheld due to technical portal issues. Refund process must be completed within 30 days. en-us Wed, 18 Sep 2024 00:00:00 +0530 Wed, 25 Sep 2024 08:01:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759138 MP HC held that tax refund cannot be denied due to non-functionality of TRACES portal. Court ruled that after ITAT order, respondents must refund amount with interest without requiring petitioner to complete formalities through TRACES portal. Section 245 allows set-off of refunds against outstanding tax, but TRACES portal limitations cannot override statutory provisions under Income Tax Act. Rights granted to assessee under Income Tax Act cannot be withheld due to technical portal issues. Refund process must be completed within 30 days. Case-Laws Income Tax Wed, 18 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759138