Corporate TaxArticle·1 September 2026
ITAT holds Refund Cannot Be Denied Merely for Filing Return Under Section 148
By J the App
Executive Summary
D.B. Engineering filed its return in response to a Section 148 notice and claimed a ₹5.31 lakh TDS refund.
Since reassessment accepted the returned income and determined nil taxable income, ITAT held that the refund was a consequential statutory entitlement and directed its payment with applicable interest.
Domain | Corporate Tax | DT
The Position
A refund arising ...
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