Deposit under IDS neither refunded nor adjusted against any Outstanding Demand: Bombay HC directs Income Tax Authorities to Refund [Read Order]

Deposit - IDS - Deposit under IDS neither refunded nor adjusted - Outstanding Demand - Bombay High Court - Income Tax Authorities - Refund - Bombay HC directs Inc

In a recent ruling, a Division Bench of Bombay High Court directed the Income Tax Authorities to issue a fresh Form-3 subsequent refund of the amount paid under the Income Declaration Scheme (IDS) and the balance amount, if any. The bench of Justice Kamala Khata and Justice Dhiraj Singh Thakur observed that the amount deposited…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹1199 + GST for 1 year

Subscribe Now

taxscan-loader