Kandi Friends Educational Trust v. Deputy Commissioner of Income Tax and Another
Case brief
What is this about?
Income tax refund adjustment dispute; Kandi Friends Educational Trust v. Deputy Commissioner of Income Tax; CWP-15065-2025; Punjab and Haryana High Court at Chandigarh; decided 10.07.2025; prayer to quash adjustment order dated 27.01.2025 (Annexure P-8); refund Rs.54,40,689/- for A.Y. 2013-14 wrongly adjusted in A.Y. 2007-08; outstanding demand wrongly shown on ITBA portal; order dated 24.02.2025; appeal effect to order under Section 250 dated 02.01.2025; balance tax payable Rs.Nil; rectification carried out; petition disposed of as infructuous; liberty to raise demand for interest; refund to be released within two months; bench: Lisa Gill, J. (author) and Sudeepti Sharma, J.; counsel: Nikhil Goyal (petitioner), Vaibhav Gupta Standing Counsel (Income Tax Department).
What did the court decide?
Writ petition disposed of as infructuous; liberty granted to the petitioner to raise the demand for interest in accordance with law, if so advised; refund of Rs.54,40,689/- to be released expeditiously and definitely within two months.