https://www.taxtmi.com/highlights?id=99806 Adjustment of a refund against a disputed demand during pendency of statutory remedies was held unsustainable. Following coordinate Bench rulings, the HC quashed the refund adjustment, directed release of the refund with statutory interest, and restrained coercive recovery until the stay application is decided. The Court also requested expeditious disposal of the pending appeal before the CIT(A), and did not examine the merits of the underlying assessment dispute. en-us Fri, 15 May 2026 09:15:45 +0530 Fri, 15 May 2026 09:15:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=99806 Adjustment of a refund against a disputed demand during pendency of statutory remedies was held unsustainable. Following coordinate Bench rulings, the HC quashed the refund adjustment, directed release of the refund with statutory interest, and restrained coercive recovery until the stay application is decided. The Court also requested expeditious disposal of the pending appeal before the CIT(A), and did not examine the merits of the underlying assessment dispute. Highlights Income Tax Fri, 15 May 2026 09:15:45 +0530 https://www.taxtmi.com/highlights?id=99806