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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Adjustment of Refund with the demand without proper information ...


Court Criticizes Misuse of Section 245 in Adjusting Tax Refunds Without Proper Taxpayer Notification.

July 2, 2015

Case Laws     Income Tax     HC

Adjustment of Refund with the demand without proper information to assessee - One cannot brush aside a primordial fact that ingredients of Section 245 of the Income Tax Act cannot be pressed into service either as a Lever or Premium in favour of the Revenue - HC

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