https://www.taxtmi.com/caselaws?id=789159 Questions relating to refund of TDS deducted on interest from fixed deposits during liquidation, and any claim to income-tax exemption, must be determined by the Income Tax Authorities in the first instance. The insolvency fora cannot pre-empt that statutory process by directing refund on an anticipatory challenge. The impugned order merely required the Liquidator to place account details before the tax authorities so they could process the request, and no final tax decision or enforceable refund direction had yet been issued. The appeal was therefore treated as premature and not maintainable at that stage. en-us Thu, 02 Apr 2026 00:00:00 +0530 Sat, 04 Apr 2026 08:53:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789159 Questions relating to refund of TDS deducted on interest from fixed deposits during liquidation, and any claim to income-tax exemption, must be determined by the Income Tax Authorities in the first instance. The insolvency fora cannot pre-empt that statutory process by directing refund on an anticipatory challenge. The impugned order merely required the Liquidator to place account details before the tax authorities so they could process the request, and no final tax decision or enforceable refund direction had yet been issued. The appeal was therefore treated as premature and not maintainable at that stage. Case-Laws IBC Thu, 02 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789159