Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2019 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (1) TMI 51 - HC - Income TaxAdjustment of dues - bank's refund for the assessment year 2010-11 was adjusted in part against the alleged tax dues of the bank principally for the assessment years 2008-09 and 2012-13 - Commissioner(Appeals) had already granted substantial reliefs to the Petitioner and therefore, tax demand for the said year would not survive - adjustment of dues came to be dropped by the Authority - Held that:- We are conscious that the Revenue Authorities are under considerable pressure of work and time limits staring at the face. We also understand that the Government machinery and the Government Officers need to be cautious when the question of large amount of refund arises. Internal checks and verifications must be unbuilt in the system. Nevertheless we do expect that the Officers do not act insensitively and without justifiable reasons delay the refunds giving rise to dissatisfaction and at times need less litigation. In the affidavit-in-reply dated 3rd August 2018, the Deputy Commissioner of Income Tax has in addition to explaining the reason for some delay in correcting position visavis the assessment year 2008-09 has tendered apology to the Court and also to the Petitioner. We, therefore, close the issue without any further order or observations.
|