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Adjustment against illusory demand held illegal: Karnataka HC directs immediate refund of ₹60.45 crore to United Spirits –
Case Law Details
- Case Name
- United Spirits Limited Vs DCIT (Karnataka High Court)
- Appeal Number
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- Courts
- All High Courts, Karnataka High Court
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United Spirits Limited Vs DCIT (Karnataka High Court)
Karnataka HC directs immediate refund of ₹60.45 crore to United Spirits – Adjustment against illusory demand held illegal
United Spirits Ltd approached the High Court seeking a direction to the Department to refund ₹60,45,57,292/- pursuant to an order dated 27.06.2024 passed by the DCIT giving effect to earlier directions of Court.
The matter had its genesis in W.P. Nos. 13953/2020 & connected cases, where a Co-ordinate Bench of the Karnataka High Court (order dated 17.08.2023) had held that the AO’s proceedings...
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