https://www.taxtmi.com/caselaws?id=771060 Delhi HC held that the revenue department's adjustment of refund against outstanding demand was valid. The assessee failed to deposit required 20% pre-deposit (Rs. 69,05,933/-) for stay of disputed demand before CIT(A). Since the stay condition was not fulfilled, the entire demand remained outstanding and was properly recovered from the assessee's refund for a different assessment year. The court rejected the assessee's claim that such adjustment violated the Office Memorandum dated 31.07.2017. en-us Wed, 30 Apr 2025 00:00:00 +0530 Fri, 08 May 2026 18:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771060 Delhi HC held that the revenue department's adjustment of refund against outstanding demand was valid. The assessee failed to deposit required 20% pre-deposit (Rs. 69,05,933/-) for stay of disputed demand before CIT(A). Since the stay condition was not fulfilled, the entire demand remained outstanding and was properly recovered from the assessee's refund for a different assessment year. The court rejected the assessee's claim that such adjustment violated the Office Memorandum dated 31.07.2017. Case-Laws Income Tax Wed, 30 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771060