The refund payable under any other act against the demands due from the assessee.

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..... m under any direct taxes act may be adjusted against demands payable by them under the other direct taxes enactments. 2. At present there is no provision for such adjustment of refunds. For example u/s.245 of the I.T.Act an income-tax refund can be set off against income-tax demand only. But the procedure of receiving the refunds and paying the demand is quite cumbersome and time-consuming. Boar .....

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