https://www.taxtmi.com/caselaws?id=56032 Statutory adjustment of a refund under section 245 of the Income-tax Act requires prior intimation to the assessee and an opportunity to object; absent that notice, the adjustment is invalid. A certificate issued under the Kar Vivad Samadhan Scheme is conclusive and cannot ordinarily be reopened except for a false declaration or an obvious patent error. On the facts recorded, the Department did not establish that the 1997-98 refund had been validly set off against the earlier 1992-93 demand before the scheme declaration, supporting the assessee's claim to the refund. Statutory interest under section 244A follows the refund entitlement, while any dispute for the pre-processing period was left to rectification proceedings. en-us Wed, 31 Aug 2005 00:00:00 +0530 Wed, 01 Dec 2010 12:12:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56032 Statutory adjustment of a refund under section 245 of the Income-tax Act requires prior intimation to the assessee and an opportunity to object; absent that notice, the adjustment is invalid. A certificate issued under the Kar Vivad Samadhan Scheme is conclusive and cannot ordinarily be reopened except for a false declaration or an obvious patent error. On the facts recorded, the Department did not establish that the 1997-98 refund had been validly set off against the earlier 1992-93 demand before the scheme declaration, supporting the assessee's claim to the refund. Statutory interest under section 244A follows the refund entitlement, while any dispute for the pre-processing period was left to rectification proceedings. Case-Laws Income Tax Wed, 31 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56032