Dept cannot retain Tax Deposited During Search Till  Adjudication of Notice: Punjab and Haryana HC [Read Order]

Dept - Tax Deposited - Tax - Adjudication of Notice - Punjab and Haryana Highcourt -taxscan

In a significant case, the Punjab and Haryana High Court has held that deposits of tax during searches cannot be retained by the department until the adjudication of the notice. Modern Insecticides Ltd., the petitioners sought a refund of an amount of Rs.2.54 crores and supply copies of Panchnama dated 05.03.2020 and 15.01.2021 along with…

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