AO can’t withhold refund to adjust it with demand if no demand exists at time of declaration of refund: HC

INCOME TAX : Where once a refund is declared after scrutiny proceedings and such refund is withheld, a reasoned order has to follow and in absence of any cogent reasons justifying withholding of refund due to assessee; Assessing Officer could not have kept refund withheld to link such refund with any demand against assessee for a subsequent period

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000316416/ao-can’t-withhold-refund-to-adjust-it-with-demand-if-no-demand-exists-at-time-of-declaration-of-refund-hc.aspx