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2020 (10) TMI 843 - HC - Income TaxRefund of interest u/s 244A - PCIT directing the petitioner to pay entire tax demand pertaining to the disallowance made on account of ‘other provisions’ and provisions of contingencies pending the disposal of the appeal - HELD THAT:- Petitioner has no objection if the amount directed to be deposited by the Principal Commissioner of Income Tax-06 is adjusted against the aforesaid refund of interest pending disposal of the appeal filed by the petitioner and the balance amount is paid within reasonable time. This Court is also of the view that the prayer made by the petitioner is fair and reasonable. Accordingly, respondents are directed to adjust the demand raised vide impugned order dated 10th August, 2020 against the refund of interest u/s 244A for assessment year 2008-2009 and pay the balance amount to the petitioner within eight weeks.
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