Refund granted as State authorities cannot retain excess amount: Bombay HC

TML Business Services Ltd Vs Deputy Commissioner of Salex Tax (Bombay High Court)

Bombay High Court held that liability for year 2010-2011 duly discharged by the petitioner. Hence, adjustment of refund for year 2011-2012 against liability for 2010-2011 unjustified. State authorities cannot retain the excess amount which is not in accordance with law

Facts- Petitioner is engaged in trading of vehicles and is registered with the Respondent-Tax Authority.

For the year 2010-2011, an assessment order was passed demanding a sum of Rs.17,76,93,422/-. The sai

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