1996 (8) TMI 4 - HC - Income Tax

Summary

The High Court of Madras dismissed the writ petition seeking a refund of Rs.1,90,186 with interest under sections 240 and 244 of the Income Tax Act, 1961. The court ruled that the petitioner is not entitled to the refund as the judgment in T.C. No.1117 of 1984 favored the Income-tax Department, rendering the petitioner's claim unsustainable. The writ petition was dismissed with no costs.