Refund cannot be adjusted against demand on disputed issues covered by earlier orders of ITAT or CIT (Appeals)

Maruti Suzuki India Limited vs. DCIT (Delhi High Court)-

Adjustment of refunds against tax demand invalid, where issues covered by favourable decisions of appellate authorities; IT department directed to refund the taxes; Power to AO u/s 220(6) applicable for CIT (A) and not for ITAT appeal

HC held that reliance on the negative order passed by the Dispute Resolution Panel (DRP) by the tax department is not a valid ground for not staying

Please become a Premium member. If you are already a Premium member, login here to access the full content.