The Calcutta High Court directed refunds after determining that adjustments of refunds exceeding 20% of the disputed tax demand during an appeal were unjustifiable.
Calcutta HC Orders Refund as Section 245 Adjustment Exceeded 20% of Disputed Demand
The Calcutta High Court directed refunds after determining that adjustments of refunds exceeding 20% of the disputed tax demand during an appeal were unjustifiable.
Source:taxguru.in