https://www.taxtmi.com/caselaws?id=372452 The court dismissed Vodafone's writ petition, upholding the Revenue's decision to withhold refunds totaling Rs. 4759.74 crores due to substantial outstanding demands and potential further liabilities from pending scrutiny assessments and special audits. The court emphasized the need for the Assessing Officer to exercise discretion in refund matters, considering individual circumstances. It clarified that Section 143(1)(d) does not guarantee automatic refunds during pending assessments under Section 143(2). en-us Fri, 14 Dec 2018 00:00:00 +0530 Thu, 27 Feb 2020 17:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372452 The court dismissed Vodafone's writ petition, upholding the Revenue's decision to withhold refunds totaling Rs. 4759.74 crores due to substantial outstanding demands and potential further liabilities from pending scrutiny assessments and special audits. The court emphasized the need for the Assessing Officer to exercise discretion in refund matters, considering individual circumstances. It clarified that Section 143(1)(d) does not guarantee automatic refunds during pending assessments under Section 143(2). Case-Laws Income Tax Fri, 14 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372452