Appeal effect to Tribunal order must be given, with consequential tax benefits released where applicable.

Where the Income Tax Appellate Tribunal had set aside part of the assessment and remanded the corporate tax issue for fresh determination, the Revenue was obliged to give appeal effect to the matters already decided and could not continue reflecting an outstanding demand on the income tax portal. The Court accepted that consequential relief flowing from the Tribunal's order, including statutory interest where applicable, could not be withheld. Accordingly, a direction was issued to implement the appellate order and release the consequential benefits in accordance with law.

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Issues: Whether the petitioner was entitled to a direction that the appellate order of the Income Tax Appellate Tribunal be given appeal effect and that consequential benefits, including statutory interest where applicable, be released forthwith.

Analysis: The writ petition arose from the continued reflection of an outstanding demand on the income tax portal despite the Tribunal having set aside part of the assessment and remanded the corporate tax issue for fresh determination. The Revenue accepted that appeal effect remained to be given in respect of the matters decided by the Tribunal, and the Court accepted that the consequential relief flowing from the appellate order could not be withheld.

Conclusion: The petitioner succeeded and a direction was issued to give effect to the Tribunal's order and release the consequential benefits in accordance with law.

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