Court Rules Against Department's Attempt to Offset Taxpayer Refund with Later Demands; Emphasizes Fairness in Tax Refunds.

Court Rules Against Department's Attempt to Offset Taxpayer Refund with Later Demands; Emphasizes Fairness in Tax Refunds. https://www.taxtmi.com/highlights?id=25906 Grant of refund with interest - department seek to adjust the refund with subsequent demand - it would amount to putting a premium over the wrong act of the revenue of not refunding the amount when due and adjusting the same against the demands which have accrued much later in point of time - HC en-us Fri, 13 Nov 2015 20:31:10 +0530 Fri, 13 Nov 2015 20:31:10 +0530 TaxTMI RSS Generator Court Rules Against Department's Attempt to Offset Taxpayer Refund with Later Demands; Emphasizes Fairness in Tax Refunds. https://www.taxtmi.com/highlights?id=25906 Grant of refund with interest - department seek to adjust the refund with subsequent demand - it would amount to putting a premium over the wrong act of the revenue of not refunding the amount when due and adjusting the same against the demands which have accrued much later in point of time - HC Highlights Income Tax Fri, 13 Nov 2015 20:31:10 +0530 https://www.taxtmi.com/highlights?id=25906