https://www.taxtmi.com/caselaws?id=441617 Revenue recovery pending first appeal was limited to 20% of the outstanding tax demand under the CBDT office memorandum. Because more than that ceiling had already been recovered by adjustment of refunds, the excess amount, including the sum adjusted against the disputed demand, was liable to be refunded. The Court also noted that the first appellate proceedings were still pending and directed their expeditious disposal. en-us Fri, 04 Aug 2023 00:00:00 +0530 Fri, 11 Aug 2023 13:48:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441617 Revenue recovery pending first appeal was limited to 20% of the outstanding tax demand under the CBDT office memorandum. Because more than that ceiling had already been recovered by adjustment of refunds, the excess amount, including the sum adjusted against the disputed demand, was liable to be refunded. The Court also noted that the first appellate proceedings were still pending and directed their expeditious disposal. Case-Laws Income Tax Fri, 04 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441617