Retention of seized property survives where recorded reasons support proceeds of crime, while stayed investigation periods are excluded from limitatio...
Specified income of Baddi Barotiwala Nalagarh Development Authority receives conditional tax exemption, retrospectively covering its designated assess...
Specified development authority income receives retrospective tax exemption, subject to non-commercial activity, unchanged income sources, and return-...
Unified Brand India framework introduces voluntary Trust Mark certification and funding support for export branding, packaging and global promotional ...
Origin Declaration authentication governs preferential tariff claims under India-UK CETA, requiring a validated reference number before import clearan...
Separate assessment orders for different years remain valid when distinct notices and hearing opportunities prevent prejudice from combined proceeding...
The HC directed Respondent No.1 to give effect to the Commissioner (Appeals) order dated 19 February 2024 and to grant the Petitioner a refund of taxes paid, together with interest under section 244A of the I.T. Act. The court found the assessment demand extinguished by deletion of additions on appeal and held that pending inquiries or verifications directed by the Commissioner (Appeals) cannot justify withholding the refund. The HC also noted that reassessment notices for the relevant years have been quashed, there is presently no subsisting demand, and consequently Respondent No.1 must immediately pass consequential orders and release the refund with statutory interest.
The HC directed Respondent No.1 to give effect to the Commissioner (Appeals) order dated 19 February 2024 and to grant the Petitioner a refund of taxes paid, together with interest under section 244A of the I.T. Act. The court found the assessment demand extinguished by deletion of additions on appeal and held that pending inquiries or verifications directed by the Commissioner (Appeals) cannot justify withholding the refund. The HC also noted that reassessment notices for the relevant years have been quashed, there is presently no subsisting demand, and consequently Respondent No.1 must immediately pass consequential orders and release the refund with statutory interest.
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