Depreciation and routine compliance expenses disallowance did not prove inaccurate particulars or misreporting; penalty sustained only on foreign trav...
Page of 4807
Press 'Enter' after typing page number.
3061 to 3080 of 96136 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Refund of TDS could not be denied solely because the return was not e-verified within time, where CPC later condoned the delay and accepted the verification. The tax was admittedly borne by the assessee, and once condonation was granted, reliance on the original technical defect was unsustainable. The Tribunal applied the principle that tax can be retained only with authority of law and that refusal to process the refund in these circumstances would offend Article 265 and amount to unjust enrichment by the Revenue. The rejection of the rectification claim and the supporting appellate order were set aside, and refund was directed to be processed in accordance with law.
Refund of TDS could not be denied solely because the return was not e-verified within time, where CPC later condoned the delay and accepted the verification. The tax was admittedly borne by the assessee, and once condonation was granted, reliance on the original technical defect was unsustainable. The Tribunal applied the principle that tax can be retained only with authority of law and that refusal to process the refund in these circumstances would offend Article 265 and amount to unjust enrichment by the Revenue. The rejection of the rectification claim and the supporting appellate order were set aside, and refund was directed to be processed in accordance with law.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4807
Join Channel
TaxTMI 
