{"id":24280,"date":"2022-01-22T17:47:31","date_gmt":"2022-01-22T12:17:31","guid":{"rendered":"https:\/\/itatonline.org\/digest\/jet-privilege-p-ltd-v-dy-cit-2021-205-dtr-145-322-ctr-684-131-taxmann-com-119-bom-hc\/"},"modified":"2022-01-22T17:47:31","modified_gmt":"2022-01-22T12:17:31","slug":"jet-privilege-p-ltd-v-dy-cit-2021-205-dtr-145-322-ctr-684-131-taxmann-com-119-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/jet-privilege-p-ltd-v-dy-cit-2021-205-dtr-145-322-ctr-684-131-taxmann-com-119-bom-hc\/","title":{"rendered":"Jet Privilege (P.) Ltd. v. Dy. CIT (2021) 205 DTR 145 \/ 322 CTR 684 \/ 131 taxmann.com 119 (Bom.)(HC)"},"content":{"rendered":"<p>Allowing the petition the Court held that\u00a0 adjustment of\u00a0 refund against demands for assessment years 2015-16 and 2016-17 without following the\u00a0 mandatory prior requirement of intimation under section 245 before making adjustment and fact that there was stay for recovery of outstanding demand for said assessment years 2015-16 and 2016-17, impugned adjustment of refund was unjustified. Followed Suresh B. Jain\u00a0v.\u00a0A.N. Shaikh, ITO (1987) 165 ITR 151 (Bom.)(HC). (AY. 2019-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 245 : Refund-Set off of refunds against tax remaining payable-Stay of demand-Adjustment of refund without giving an intimation in writing is held to be bad in law. [Art. 226] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-24280","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6jC","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/24280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=24280"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/24280\/revisions"}],"predecessor-version":[{"id":24281,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/24280\/revisions\/24281"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=24280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=24280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=24280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}