https://www.taxtmi.com/caselaws?id=800812 Tax-refund adjustment constitutes coercive recovery and cannot be used against demands protected by a subsisting unconditional stay. Refunds adjusted against demands for Assessment Years 2016-17 to 2018-19, which were treated as non-collectible, must be reversed with statutory interest. While a stay application remains pending, recovery through refund adjustment is barred; for the Assessment Year 2021-22 demand, retention is limited to 20% under recovery guidelines, with excess adjustment refunded and the balance demand stayed pending appeal. en-us Tue, 06 Oct 2026 00:00:00 +0530 Mon, 12 Oct 2026 04:18:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800812 Tax-refund adjustment constitutes coercive recovery and cannot be used against demands protected by a subsisting unconditional stay. Refunds adjusted against demands for Assessment Years 2016-17 to 2018-19, which were treated as non-collectible, must be reversed with statutory interest. While a stay application remains pending, recovery through refund adjustment is barred; for the Assessment Year 2021-22 demand, retention is limited to 20% under recovery guidelines, with excess adjustment refunded and the balance demand stayed pending appeal. Case-Laws Income Tax Tue, 06 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800812