Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2003 (9) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2003 (9) TMI 73 - HC - Income TaxThis writ petition has been filed for a mandamus directing the respondents to refund a sum of Rs. 3,23,226 with interest from April 1, 1986, till the date of actual refund in relation to the assessment year 1984-85. - Since the assessment order was set aside by the Commissioner of Income-tax (Appeals) by his order dated March 21, 1988, a fresh assessment could have been made latest by March 31, 1990, vide section 153(2A) of the Income-tax Act but no fresh order was made by that date and hence the petitioner is right in saying that the same has become time-barred – Held that assessee is entitled to refund with interest from April 1, 1986, till the date of actual refund in relation to the assessment year 1984-85
|