https://www.taxtmi.com/caselaws?id=469598 Refund amounts already determined in the petitioner's favour could not be adjusted against alleged demands for other assessment years when no subsisting demand existed for those years. The Court held that the respondents were not entitled to appropriate the refunds and that the petitioner was entitled to interest on the refundable amounts under Section 244A of the Income-tax Act. The respondents were directed to refund the amounts relating to assessment years 2010-11, 2011-12 and 2012-13 with applicable interest within the time fixed by the Court. en-us Tue, 10 Sep 2024 00:00:00 +0530 Tue, 23 Jun 2026 19:00:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469598 Refund amounts already determined in the petitioner's favour could not be adjusted against alleged demands for other assessment years when no subsisting demand existed for those years. The Court held that the respondents were not entitled to appropriate the refunds and that the petitioner was entitled to interest on the refundable amounts under Section 244A of the Income-tax Act. The respondents were directed to refund the amounts relating to assessment years 2010-11, 2011-12 and 2012-13 with applicable interest within the time fixed by the Court. Case-Laws Income Tax Tue, 10 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469598