This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Demand on covered issues cannot be recovered by adjustment of refunds -HC
Case Law Details
- Case Name
- HDFC Bank Limited Vs The Assistant Commissioner of Income-tax 2(3) & Ors (Bombay High Court),
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Bombay High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
HDFC Bank Limited vs. The Assistant Commissioner of Income-tax 2(3) & Ors (Bombay High Court), Writ Petition (Lodging) No. 770 Of 2013, APRIL 4, 2013
In this case Assessee has made out a strong prima facie case for a stay of the recovery of the demand in respect of the aforesaid three items viz.; (i) Dis allowance of broken period interest; (ii) Dis allowance of amortization of premium, and (iii) Dis allowance of exemption on dividend income from the mutual fund units. The recovery of the demand on these three heads has to be stayed in view of a strong prima facie case being made out. The ...
