DIRECT TAX MUST READ CASE :-CA FINAL MAY 2011

CBDT IS VESTED WITH POWERS U/S 119 TI ISSUE INSTRUCTIONS AND CIRUCALARS , INSTRUCTION  ISSUED  , RELAXING THE TIME LIMIT FOR FILING APPLICATION  FOR REFUND BUT SUBJECT TO THE CONDTION THAT  ASSESS SHALL NOT DEMAND INTREST  ON SUCH REFUND .

AND :-   SUCH  A CONDITION IS CONTRARY TO THE PROVISION OF SECTION 244A  , THAT GRANTS INTEREST ON DELAYS REFUND , THERE FORE  THE CONDITION THAT RAN CONTRARY TO THE STATUTE WAS FOUND TO BE INVALID

DINAKAR ULLAL V/S CIT