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of <h1>Tribunal orders Income-tax Dept to release Rs. 4.2 Cr refund to Corporate Debtor.</h1> <h3>C. Ramasubramaniam Versus Dy. Commissioner of Income Tax</h3> C. Ramasubramaniam Versus Dy. Commissioner of Income Tax - TMI The Tribunal ordered the Income-tax Department to release a refund of Rs. 4,20,76,684 to the Corporate Debtor, M/s. Surana Corporation Limited, as the attachment order had expired and could not be extended due to the debtor being under liquidation. The Income-tax Department was directed to release the refund within six weeks. Compliance report to be filed. Application disposed of.
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