https://www.taxtmi.com/caselaws?id=261405 The court ruled in favor of the petitioner, holding that the adjustment of demands under Section 245 of the Income Tax Act was unsustainable due to the failure to consider the petitioner's objections and the impact of stay orders under Section 220(6). The court directed the revenue to refund the adjusted amount along with interest and quashed the consequential orders demanding interest. en-us Thu, 25 Jun 2015 00:00:00 +0530 Sat, 07 Nov 2015 12:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261405 The court ruled in favor of the petitioner, holding that the adjustment of demands under Section 245 of the Income Tax Act was unsustainable due to the failure to consider the petitioner's objections and the impact of stay orders under Section 220(6). The court directed the revenue to refund the adjusted amount along with interest and quashed the consequential orders demanding interest. Case-Laws Income Tax Thu, 25 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261405