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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Adjustment of refund due with demands outstanding - The power ...

Income Tax

July 11, 2015

Adjustment of refund due with demands outstanding - The power under Section 245 is discretionary. The orders of stay have to be honoured before adjustment of the demand out of refund is done by the Revenue. - HC

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