https://www.taxtmi.com/caselaws?id=783084 HC held that revenue is not entitled to recover or adjust more than 20% of the disputed tax demand from refunds of other assessment years in the absence of circumstances specified in the CBDT Office Memoranda. Finding no material to justify departure from the 20% ceiling and following earlier coordinate Bench decisions, HC directed the tax department to refund all sums recovered in excess of 20% of the disputed demand for AY 2018-19, after due verification, within eight weeks. HC also requested the CIT(A) to expedite and dispose of the pending statutory appeal at the earliest. en-us Mon, 01 Dec 2025 00:00:00 +0530 Tue, 09 Dec 2025 08:42:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783084 HC held that revenue is not entitled to recover or adjust more than 20% of the disputed tax demand from refunds of other assessment years in the absence of circumstances specified in the CBDT Office Memoranda. Finding no material to justify departure from the 20% ceiling and following earlier coordinate Bench decisions, HC directed the tax department to refund all sums recovered in excess of 20% of the disputed demand for AY 2018-19, after due verification, within eight weeks. HC also requested the CIT(A) to expedite and dispose of the pending statutory appeal at the earliest. Case-Laws Income Tax Mon, 01 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783084