https://www.taxtmi.com/caselaws?id=412436 The court directed the respondent to refund the excess amount adjusted against the disputed tax demand for the relevant assessment years, as the Income Tax Department violated Circulars by adjusting refunds in excess of 20% of the disputed tax demand. The court emphasized adherence to rules and standards, requiring the Assessing Officer to grant stay of demand on payment of 20% of disputed demand. The petitioner was entitled to a refund of adjustments made beyond 20% of the disputed tax demands, with instructions for prompt disposal of the rectification application and uploading of the order on the website. en-us Tue, 14 Sep 2021 00:00:00 +0530 Fri, 17 Sep 2021 09:22:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412436 The court directed the respondent to refund the excess amount adjusted against the disputed tax demand for the relevant assessment years, as the Income Tax Department violated Circulars by adjusting refunds in excess of 20% of the disputed tax demand. The court emphasized adherence to rules and standards, requiring the Assessing Officer to grant stay of demand on payment of 20% of disputed demand. The petitioner was entitled to a refund of adjustments made beyond 20% of the disputed tax demands, with instructions for prompt disposal of the rectification application and uploading of the order on the website. Case-Laws Income Tax Tue, 14 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412436