Income Tax Payable Fully Adjusted Against Refund for Subsequent AY: ITAT Condones Delay of 85 Days [Read Order]

By Ipsita Das - On August 20, 2023 6:30 pm - 2 mins read

Income Tax Payable Fully Adjusted Against Refund for Subsequent AY - Income Tax Payable - Income Tax - Refund - ITAT Condones Delay of 85 Days - ITAT - Taxscan

The Pune Bench of Income Tax Appellate Tribunal (ITAT) condoned delay of 85 days and held that payment of income tax in Assessment Year (AY) 2022-23, considered as complete adjustment of return of income for year under appeal i.e AY 2017-18. The assessee in the present case Shashi Structural Engineers Private Limited filed an appeal before…

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