https://www.taxtmi.com/caselaws?id=785075 Adjustment of income-tax refund against an outstanding demand requires statutory notice before set-off; where no reference was made to higher authority, only a proportionate adjustment equal to 20% of the earlier assessment demand was permissible, and the balance refund must be paid with interest. The retained 20% will remain subject to the pending appeal against the assessment for the earlier year, and the remaining demand is stayed until disposal of that appeal. The tribunal/counsel is requested to expedite the appeal before the Commissioner of Appeals within a short timeframe for final adjudication. en-us Tue, 13 Jan 2026 00:00:00 +0530 Fri, 16 Jan 2026 08:03:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785075 Adjustment of income-tax refund against an outstanding demand requires statutory notice before set-off; where no reference was made to higher authority, only a proportionate adjustment equal to 20% of the earlier assessment demand was permissible, and the balance refund must be paid with interest. The retained 20% will remain subject to the pending appeal against the assessment for the earlier year, and the remaining demand is stayed until disposal of that appeal. The tribunal/counsel is requested to expedite the appeal before the Commissioner of Appeals within a short timeframe for final adjudication. Case-Laws Income Tax Tue, 13 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785075