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2021 (8) TMI 971 - DELHI HIGH COURTAdjustment of tax due under Direct Tax Vivad Se Vishwas Act, 2020 [DTVSV Act] with the amount as already been deposited by the Petitioner on account of the Penalty Order and to refund the excess amount in a time bound manner - HELD THAT:- In the opinion of this Court, if the petitioner is entitled to refund of ₹ 11,36,800/- after making payment of ₹ 4,21,000/-, it is not understood as to why the respondents cannot itself adjust the amount of ₹ 4,21,000/- against the amount of ₹ 11,36,800/- already deposited by the petitioner on account of the Penalty Order dated 04th January, 2018. The present writ petition is disposed of with a direction to the respondents to adjust the tax demand amounting to ₹ 4,21,000/- under DTVSV Act with the amount of ₹ 11,36,800/- already deposited by the petitioner on account of the Penalty Order dated 04th January, 2018 on or before 31st August, 2021 and refund the balance amount within a further period of four weeks.
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