https://www.taxtmi.com/caselaws?id=769328 The SC ruled that adjusting a refund from AY 2014-15 against a demand for AY 2016-17 was illegal. Upon 20% demand payment and pending appeal, the balance demand is stayed per CBDT Circular. The HC directed the CIT(Appeal) to dispose of the pending appeal within four months and ordered the refund amount be returned within four weeks, affirming procedural protections for taxpayers during ongoing tax disputes. en-us Mon, 21 Apr 2025 00:00:00 +0530 Wed, 23 Apr 2025 11:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769328 The SC ruled that adjusting a refund from AY 2014-15 against a demand for AY 2016-17 was illegal. Upon 20% demand payment and pending appeal, the balance demand is stayed per CBDT Circular. The HC directed the CIT(Appeal) to dispose of the pending appeal within four months and ordered the refund amount be returned within four weeks, affirming procedural protections for taxpayers during ongoing tax disputes. Case-Laws Income Tax Mon, 21 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769328