Facts of the Case
The petitioner, Nokia Solutions and Networks India Pvt. Ltd.,
filed a writ petition challenging the action of the Revenue in adjusting
refunds due for Assessment Years 2008–09 and 2017–18 against an outstanding tax
demand for Assessment Year 2015–16, despite the demand having been stayed.
For AY 2015–16, the petitioner’s assessment was completed on
29.12.2018, raising a demand of ₹43,38,30,384/-. The petitioner filed an appeal
before the Commissioner of Income Tax (Appeals), which remained pending. During
pendency of the appeal, the petitioner sought stay of recovery under Section
220(6) of the Income-tax Act, 1961.
By order dated 05.02.2019, the Assessing Officer granted stay
of recovery subject to payment of 20% of the outstanding demand. Upon review,
the petitioner was directed to deposit ₹7 crore by order dated 21.02.2019. The
petitioner complied and deposited ₹7.50 crore. Pursuant to rectification under
Section 154, the outstanding demand stood reduced to ₹38,70,73,134/-.
Notwithstanding the subsisting stay, the Revenue adjusted
refunds due to the petitioner for AYs 2008–09 and 2017–18 against the stayed
demand for AY 2015–16.
Issues Involved
Whether the Revenue was entitled to adjust refunds against a
tax demand that was stayed under Section 220(6) after the assessee had complied
with the condition of depositing 20% of the disputed demand, and whether such
adjustment was contrary to CBDT instructions.
Petitioner’s Arguments
The petitioner contended that once stay of recovery was
granted on payment of 20% of the disputed demand, the Revenue could not adjust
refunds beyond the amount required for securing such stay. Reliance was placed
on Clause (iii) of paragraph 4(E) of the CBDT Office Memorandum dated 29.02.2016,
which permits adjustment of refunds only to the extent of the amount required
for granting stay.
It was argued that adjusting refunds beyond the stipulated 20%
placed the petitioner in a disadvantageous position compared to assessees who
were not entitled to refunds and amounted to arbitrary recovery during pendency
of appeal.
Respondent’s Arguments
The Revenue contended that the stay granted was conditional
and expressly reserved the right of the Department to adjust refunds against
the outstanding demand. It was argued that since the stay was not
unconditional, adjustment of refunds was permissible.
Court Order / Findings
The Delhi High Court held that although the stay of demand was
conditional, the conditions imposed were governed by CBDT instructions, which
have binding force on the Department. The Court noted that the Office
Memorandum dated 29.02.2016 clearly restricts adjustment of refunds to the
extent of the amount required for granting stay, i.e., ordinarily 20% of the
disputed demand.
The Court observed that permitting adjustment of refunds
beyond this limit would defeat the purpose of granting stay and would unfairly
prejudice assessees who are otherwise entitled to refunds. The Court found the
Revenue’s action to be arbitrary and contrary to the binding CBDT instructions.
Reliance was placed on the earlier decision of the Delhi High
Court in Eko India Financial Services (P.) Ltd. v. ACIT, wherein similar
adjustment of refunds beyond 20% of the disputed demand was held to be
impermissible.
Important Clarification
The Court clarified that while the Department may reserve the
right to adjust refunds as a condition for grant of stay, such adjustment must
strictly conform to CBDT instructions. Refunds cannot be adjusted beyond the
amount required to secure the stay of demand, unless exceptional circumstances
justifying higher recovery are recorded in accordance with law.
Final Outcome
The writ petition was allowed. The Delhi High Court directed
the Revenue to refund the amounts adjusted against the stayed demand for
Assessment Years 2008–09 and 2017–18 along with applicable interest, as
expeditiously as possible and preferably within eight weeks from the date of
the order. All pending applications were disposed of accordingly.
Link to download the order - https://www.mytaxexpert.co.in/uploads/1769841080_NOKIASOLUTIONSANDNETWORKSINDIAPVT.LTD.VsJOINTCOMMISSIONEROFINCOMETAXORS..pdf
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