https://www.taxtmi.com/caselaws?id=770252 Karnataka HC allowed petitioner's writ petition challenging adjustment of refunds beyond 20% of demand raised. Despite respondent's stay of demand letters dated 24.01.2024 and 07.08.2024, petitioner's representations for refund adjustment dated 05.09.2024 and 24.10.2024 remained unanswered. Court directed respondents to refund entire amount exceeding 20% for assessment years 2022-23 and 2019-20 with applicable interest within six weeks after due verification, finding respondents' non-response to petitioner's applications unjustified. en-us Thu, 24 Apr 2025 00:00:00 +0530 Thu, 08 May 2025 09:13:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770252 Karnataka HC allowed petitioner's writ petition challenging adjustment of refunds beyond 20% of demand raised. Despite respondent's stay of demand letters dated 24.01.2024 and 07.08.2024, petitioner's representations for refund adjustment dated 05.09.2024 and 24.10.2024 remained unanswered. Court directed respondents to refund entire amount exceeding 20% for assessment years 2022-23 and 2019-20 with applicable interest within six weeks after due verification, finding respondents' non-response to petitioner's applications unjustified. Case-Laws Income Tax Thu, 24 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770252