AO Empowered to Adjust Refund Without Fresh Intimation if Assessee Fails to Respond: Orissa High Court, 11 August 2025
Introduction The Orissa High Court in its judgment dated 11 August 2025 in Reliable Security and Intelligence Services (Orissa) (P.) Ltd. v. NFAC addressed the scope of powers of the Assessing Officer under Section 245 of the Income-tax Act, 1961. The dispute arose when the …