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Income Tax - Highlights / Catch Notes

Home Highlights April 2021 Year 2021 This

Stay orders - Recovery proceedings - The amount recovered from ...


Court Orders Excess Recovery for 2013-14 to Be Returned with Interest; Refunds Not to Offset Tax Demands Pending Appeal.

April 29, 2021

Case Laws     Income Tax     HC

Stay orders - Recovery proceedings - The amount recovered from petitioner over and above the amount as per instructions, memoranda, circular towards demand of tax for the AY 2013-14 pending in appeal would be returned to the Petitioner with interest according to law and refunds of amounts over and above the amount as per instructions / guidelines may not be adjusted towards tax demand for AY 2013-14 till disposal of appeal.- HC

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