https://www.taxtmi.com/caselaws?id=787526 Assessing authority adjusted tax refunds in excess of the Office Memorandum threshold that conditions stay on payment/adjustment up to 20% of the disputed demand; the HC applied that mandate and found adjustments for assessment years 2017-18 to 2019-20 exceeded the prescribed 20% ceiling, holding such excess adjustments invalid. The court directed respondent to refund amounts adjusted beyond the 20% limit for those years and restrained recovery of the disputed demands for those years pending finalisation of the appeals. en-us Tue, 24 Feb 2026 00:00:00 +0530 Sat, 07 Mar 2026 08:39:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787526 Assessing authority adjusted tax refunds in excess of the Office Memorandum threshold that conditions stay on payment/adjustment up to 20% of the disputed demand; the HC applied that mandate and found adjustments for assessment years 2017-18 to 2019-20 exceeded the prescribed 20% ceiling, holding such excess adjustments invalid. The court directed respondent to refund amounts adjusted beyond the 20% limit for those years and restrained recovery of the disputed demands for those years pending finalisation of the appeals. Case-Laws Income Tax Tue, 24 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787526