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2013 (11) TMI 578 - ALLAHABAD HIGH COURTRefund of tax credit u/s 115JA – Recovery proceedings u/s 226(3) - attachment of bank account - assessee sought adjustment of refund u/s 115JA with tax dues and stay of recovery - Held that:- Petitioner has not made out a case for refund of tax or for quashing / reading down the provisions of Section 115 JAA and Section 115 JB of the Act - Amount paid by the petitioner as a MAT Company can be adjusted during the period under Section 115 JA. There is no provision under the Act to refund the amount which has been admitted and which has been paid by the petitioner as MAT Company- Decided against the Assessee.
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