{"id":62305,"date":"2026-07-18T16:26:55","date_gmt":"2026-07-18T10:56:55","guid":{"rendered":"https:\/\/itatonline.org\/digest\/bny-mellon-international-operations-india-p-ltd-v-ito-2025-238-ttj-819-181-taxmann-com-222-punetrib\/"},"modified":"2026-07-18T16:26:55","modified_gmt":"2026-07-18T10:56:55","slug":"bny-mellon-international-operations-india-p-ltd-v-ito-2025-238-ttj-819-181-taxmann-com-222-punetrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/bny-mellon-international-operations-india-p-ltd-v-ito-2025-238-ttj-819-181-taxmann-com-222-punetrib\/","title":{"rendered":"BNY Mellon International Operations (India) (P.) Ltd. v. ITO (2025) 238 TTJ 819 \/ 181 taxmann.com 222 (Pune)(Trib.)"},"content":{"rendered":"<p>The CPC made an adjustment on the basis of the tax audit report, stating that the GST refund was not credited to the Profit &amp; Loss Account. The assessee contended that, as an exporter, GST refund was adjusted against GST receivable and was not required to be routed through the Profit &amp; Loss Account. The Tribunal restored the matter to the Assessing Officer for verification of the GST ledger, refund orders and accounting treatment before deciding the issue. (AY. 2021-22 &amp; 2022-23.)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 143(1: Assessment-Intimation-Prima facie adjustment-GST refund-Matter remanded for verification.  [S. 143(1)(a)] <\/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_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-62305","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-gcV","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62305","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=62305"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62305\/revisions"}],"predecessor-version":[{"id":62306,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62305\/revisions\/62306"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=62305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=62305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=62305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}