{"id":46474,"date":"2024-09-15T10:38:55","date_gmt":"2024-09-15T05:08:55","guid":{"rendered":"https:\/\/itatonline.org\/digest\/ibm-india-p-ltd-v-dy-cit-2024-297-taxman-105-338-ctr-869-karnhc\/"},"modified":"2024-09-15T10:38:55","modified_gmt":"2024-09-15T05:08:55","slug":"ibm-india-p-ltd-v-dy-cit-2024-297-taxman-105-338-ctr-869-karnhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/ibm-india-p-ltd-v-dy-cit-2024-297-taxman-105-338-ctr-869-karnhc\/","title":{"rendered":"IBM India (P.) Ltd. v. Dy. CIT (2024) 297 Taxman 105\/338 CTR 869 (Karn)(HC)"},"content":{"rendered":"<p>On the basis of order of Tribunal the assessee was entitle for refund for the assessment year 2013-14. Assessing Officer refused to refund amount on grounds that proceedings for subject assessment year were pending before DRP and in interregnum refund payable had been adjusted towards what could be a possible demand for assessment proceedings pending for reconsideration for assessment year 2010-11. On writ the Court held that \u00a0since there is no recoverable demand from assessee as of today and adjustment was in anticipation of conclusion of a particular proceeding in a possible manner without due process and a levy could not be unless it is with authority of law, Assessing Officer is directed to refund amount to assessee. (AY. 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 237 : Refunds-Pendency of appeal before DRP-No recoverable demand-Refund cannot be withheld to be adjustment towards anticipated demand. [S.144C(5), 220,254(1), 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-46474","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-c5A","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/46474","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=46474"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/46474\/revisions"}],"predecessor-version":[{"id":46475,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/46474\/revisions\/46475"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=46474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=46474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=46474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}