2024 (7) TMI 1630

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....-RES) - -<br>Income Tax<br>HON&#39;BLE MR JUSTICE S SUNIL DUTT YADAV For the Petitioner: (By Ms. Tanmayee Rajkumar., Advocate). For the Respondents: (By Sri. E I Sanmathi., Advocate). ORAL ORDER (PER: HON&#39;BLE MR JUSTICE S SUNIL DUTT YADAV) The petitioner has sought for directions to the respondents to refund an amount of Rs. 1,99,98,090/- being the demand raised for the assessment yea....

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....noticing that refund was granted upon processing the return for the assessment year 2023-24 and determination of refund of Rs.1,99,98,090/-, the said refund was adjusted for the demand as regards the assessment year 2015-16 and 2016-17. 4. It is the contention of the petitioner that the entirety of refund was adjusted and in light of their application for stay, if the demand for 2015-16 and 2016-....