2024 (12) TMI 124 - SCH - Income Tax

Supreme Court Ends Tax Case, Confirms Refund of Rs.16,90,510; Petitioner May Seek Further Action if Needed.

The Supreme Court concluded the proceedings by dismissing the Special Leave Petition as the Revenue adhered to the High Court's instructions and returned ... Power to pass Refund order - As decided in [2022 (9) TMI 1642 - ORISSA HIGH COURT] AO has already passed an order. But he has observed that he has no power to order refund. As clarified that the refund will be made by the Central Board of Direct Taxes (CBDT) to the Petitioner within a period of two weeks from the date of receipt of this order. HELD THAT:- Revenue makes a statement that the directions issued by the High Court in the impugned order have been duly complied with. He informs that an amount of Rs.16,90,510/- has been refunded after adjusting the self-assessed liability of Rs.58,09,487/-. Nothing further is required to be adjudicated now. If the assessees have any grievance or any further difficulty, we leave it open for them to take appropriate recourse available to them in law. Special Leave Petition is, accordingly, disposed of The Supreme Court disposed of the Special Leave Petition after the Revenue complied with High Court directions and refunded Rs.16,90,510 to the petitioner. If the petitioner has further grievances, they can seek legal recourse.