On writ the assessee contended that the amount adjusted in excess of 20 per cent. of the outstanding demand for the assessment year 2015-16 was in violation of Office Memorandums dated February 29, 2016 and July 31, 2017 (2017) 396 ITR 55 (St) issued by the Central Board of Direct Taxes.The court directed the Assessing Officer to pass an appeal effect order within four weeks and refund the amount with interest, if any, for the assessment year 2000-01 and (ii) to decide the rectification application for the assessment year 2015-16 in accordance with law within four weeks and refund the excess amount with interest, if any.(AY.2000-01, 2015-16)
Brillon Consumer Products Pvt. Ltd. v.Dy. CIT (2024)462 ITR 138 (Delhi)(HC)
S. 154 : Rectification of mistake-Mistake apparent from the record-Refund-Interest-Adjustment of refund-Order giving effect to court order-Quashing of reassessment proceedings-Pendency of rectification application-Directions issued to Assessing Officer.[S. 148, 237, Art. 226]