https://www.taxtmi.com/caselaws?id=791703 Refund adjustment against a disputed income-tax demand was held impermissible while a stay application and appeal remained pending, because the demand had not attained finality and the assessee's statutory remedies were still alive. The court also treated the absence of effective prior opportunity and the pending proceedings under Section 220(6) as fatal to coercive recovery, and directed release of the refund with consequential interest under Section 244A. It further held that recovery should remain restrained until the stay application is decided, and the impugned adjustment was quashed. en-us Tue, 12 May 2026 00:00:00 +0530 Fri, 15 May 2026 09:15:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791703 Refund adjustment against a disputed income-tax demand was held impermissible while a stay application and appeal remained pending, because the demand had not attained finality and the assessee's statutory remedies were still alive. The court also treated the absence of effective prior opportunity and the pending proceedings under Section 220(6) as fatal to coercive recovery, and directed release of the refund with consequential interest under Section 244A. It further held that recovery should remain restrained until the stay application is decided, and the impugned adjustment was quashed. Case-Laws Income Tax Tue, 12 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791703