https://www.taxtmi.com/caselaws?id=797545 Excess tax deducted at source is refundable where a return filed in response to a notice under section 148 is accepted in reassessment and nil taxable income is determined. Section 237 creates a substantive refund entitlement when tax paid exceeds the tax properly chargeable, and no statutory bar denies that entitlement solely because the return was furnished under section 148 rather than section 139. The refund is consequential to the reassessment, not an independent claim beyond its scope. Retaining TDS after no tax liability remains would also conflict with Article 265 of the Constitution. Statutory interest applies consequentially. en-us Tue, 11 Aug 2026 00:00:00 +0530 Mon, 24 Aug 2026 08:33:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797545 Excess tax deducted at source is refundable where a return filed in response to a notice under section 148 is accepted in reassessment and nil taxable income is determined. Section 237 creates a substantive refund entitlement when tax paid exceeds the tax properly chargeable, and no statutory bar denies that entitlement solely because the return was furnished under section 148 rather than section 139. The refund is consequential to the reassessment, not an independent claim beyond its scope. Retaining TDS after no tax liability remains would also conflict with Article 265 of the Constitution. Statutory interest applies consequentially. Case-Laws Income Tax Tue, 11 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797545