https://www.taxtmi.com/caselaws?id=785459 Dispute concerned an erroneously executed interbank transfer and the legal consequence of reversing funds. The court examined the bank report, an affidavit by the unintended beneficiary and an Ombudsman order, found a clerical mistake in account digits causing the transfer to the wrong recipient, and noted the unintended beneficiary disavowed any business relationship and consented to restitution. As a result, the bank was directed to re-credit the remitters account within one week, the decision addressing bank responsibility to effect reversal when a mistaken payment is established. en-us Tue, 20 Jan 2026 00:00:00 +0530 Fri, 23 Jan 2026 09:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785459 Dispute concerned an erroneously executed interbank transfer and the legal consequence of reversing funds. The court examined the bank report, an affidavit by the unintended beneficiary and an Ombudsman order, found a clerical mistake in account digits causing the transfer to the wrong recipient, and noted the unintended beneficiary disavowed any business relationship and consented to restitution. As a result, the bank was directed to re-credit the remitters account within one week, the decision addressing bank responsibility to effect reversal when a mistaken payment is established. Case-Laws GST Tue, 20 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785459