Department Directed to Decide Refund of Excess Tax Recovery: Karnataka HC

SJR Enterprises Limited Vs DCIT (Karnataka High Court) Karnataka High Court Directs Department to Decide Refund Claim for Excess Recovery Beyond 20% of Disputed Demand The Karnataka High Court disposed of a writ petition filed by the assessee seeking refund of the amount adjusted in excess of 20% of the disputed tax demand pending disposal of the first appeal. The assessee relied on the High Court’s earlier decision in W.P. No. 17212/2025, contending that recovery beyond 20% of the disputed demand was impermissible and that the excess amount should be refunded along with interest under S...