Allowing the petition the Court held that ; adjustment of the refund without following the ratio laid down by jurisdictional in Hindustan Unilever Ltd v. Dy CIT ( 2015) 377 ITR 281 ( Bom) (HC) and also speaking order is set aside . Court directed the respondent to follow the principle of natural justice and pass the order with in five weeks . ( AY.2005-06)
Vodafone India Ltd. v. DCIT (2018) 165 DTR 294 (Bom) (HC)
S. 245 : Refunds- Set off of refunds against tax remaining payable -Adjustment of the refund without following the ratio laid down by jurisdictional in Hindustan Unilever Ltd v. Dy CIT ( 2015) 377 ITR 281 ( Bom) (HC) and also speaking order is set aside .