Refund couldn't be rejected on ground that it was adjusted against tax arears in absence of sec. 156 notice

Where assessee's claim for refund was rejected on ground that amount of refund had been adjusted against tax demand relating to subsequent assessment years, in view of fact that notice of demand under section 156 for subsequent years was never served on assessee, impugned order was to be set aside and a direction was to be issued to grant refund to assessee along with applicable rate of interest.

Refer:[2018] 98 taxmann.com 454 (Bombay)