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Income Tax - Highlights / Catch Notes

Home Highlights September 2020 Year 2020 This

Withholding of refund u/s 241A - Despite issuance of scrutiny ...


Income tax refunds must be released with intimation u/s 143(1), even if scrutiny notice u/s 143(2) issued.

September 19, 2020

Case Laws     Income Tax     HC

Withholding of refund u/s 241A - Despite issuance of scrutiny notice under Section 143(2) of the Act, 1961, the refund due to the petitioner is liable to be released at the time of issuance of the intimation/order under Section 143(1) of the Act, 1961 unless an order for withholding of refund has been passed under Section 241A.- HC

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