https://www.taxtmi.com/caselaws?id=766167 Refund adjustment against a penalty demand was held unsustainable where the penalty order was digitally signed only after the adjustment order, because no legally existing and payable demand was available on the adjustment date. The refund set-off was therefore set aside and consequential refund of the adjusted amount was directed. The court declined to interfere with the penalty order itself in writ jurisdiction because that order was not directly challenged in these proceedings and an efficacious appellate remedy remained available. The challenge to the penalty order was left open to be pursued in accordance with law. en-us Mon, 17 Feb 2025 00:00:00 +0530 Wed, 19 Feb 2025 08:42:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766167 Refund adjustment against a penalty demand was held unsustainable where the penalty order was digitally signed only after the adjustment order, because no legally existing and payable demand was available on the adjustment date. The refund set-off was therefore set aside and consequential refund of the adjusted amount was directed. The court declined to interfere with the penalty order itself in writ jurisdiction because that order was not directly challenged in these proceedings and an efficacious appellate remedy remained available. The challenge to the penalty order was left open to be pursued in accordance with law. Case-Laws Income Tax Mon, 17 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766167