Kishore Mohanlal Dingra v. ACIT [2025] 174 taxmann.com 1024 /[2026] 489 ITR 602 ((Bom) (HC)

S. 245 : Refunds-Set off of refunds against tax remaining payable-Adjustment against outstanding demand-20 per cent of demand already paid-Adjustment not justified.[Art. 226]

Where the Revenue adjusted the assessee’s refund for assessment year 2014-15 against the alleged demand for assessment year 2016-17, while the assessee had already paid 20 per cent of the demand for assessment year 2016-17 and the appeal against that demand was pending, the High Court held that the adjustment of the refund against the outstanding demand was not justified. (AY. 2016-17).

Leave a Reply

Your email address will not be published. Required fields are marked *

*