Refund Amount Adjusted despite 20% Payment & Pending Appeal: Bombay HC

Kishore Mohanlal Dingra Vs ACIT (Bombay High Court) Bombay High Court Directs Refund of Amount Adjusted Against Demand Despite 20% Payment and Pending Appeal Mumbai: The Bombay High Court has directed the Income Tax Department to refund an amount adjusted from a taxpayer’s refund against an outstanding tax demand, emphasizing that such adjustment is unwarranted when the taxpayer has already paid 20% of the demand and the appeal against it is pending. The court’s decision, delivered in the case of Kishore Mohanlal Dingra versus Assistant Commissioner of Income Tax (ACIT), reinforces...