Bombay HC quashes unlawful illegal Income Tax refund adjustment

Tata Communications Ltd. Vs Union of India (Bombay High Court) FULL TEXT OF THE JUDGMENT/ORDER of BOMBAY HIGH COURT Bombay high court on unlawful illegal  refund adjustment  u/s 245 by tax authorities held that Interim relief granted by Bombay HC vide order dated 26th March, 2020 also applies to Income Tax Refund and refund cannot be adjusted without following the mandate of Section 245. Assistant Director of Income-tax) ( Centralized Processing Centre ) issued an intimation under section 143 (1) of the Income Tax Act, 1961 (Herein after “the Act”), on 17th January, 2021 and had determi...