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2023 (9) TMI 1040 - DELHI HIGH COURTMistake made in filling up the two challans accompanied the deposit of the self-assessment tax - principal grievance of the petitioner is that he deposited (albeit, in two tranches) towards tax was inadvertently captured against under Assessment Year (AY) 2019-20 instead of AY 2020- 21 - It is also the petitioner’s case that there was no requirement to make a deposit towards the self-assessment tax in AY 2019-20, since it had suffered losses in the relevant period. HELD THAT:- As submitted revenue could deal with the petitioner’s requests in one of three ways: (i) First, refund Rs. 40,00,000/- to the petitioner. (ii) Secondly, condone the delay and permit the petitioner to file a revised return. (iii) Thirdly, allow the petitioner to adjust Rs. 40,00,000/- deposited by the petitioner for against another AY. Thus having regard to what is put forth by the learned counsels for the parties before us, the writ petition is disposed of with a direction to the CBDT to examine the three alternatives placed before us by the petitioner. CBDT will, thereafter, take a decision as to what would be the best way forward. The CBDT is requested to pass a reasoned order and have the same communicated to the petitioner. Needless to add, before any decision is taken, the CBDT will hear the authorized representative of the petitioner, in that behalf.
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