https://www.taxtmi.com/caselaws?id=380724 The Court intervened to address delays in issuing refunds for Assessment Years 2005-06 and 2007-08 due to a technical glitch. It directed immediate release of refunds, setting deadlines for payment and interest crediting, independent of resolving the system issue. Emphasizing the importance of timely refunds to avoid interest liabilities under Section 244-A of the Income Tax Act, the Court prioritized factual considerations over system errors, ensuring prompt refund disbursement to prevent financial burdens on the exchequer. en-us Wed, 22 May 2019 00:00:00 +0530 Tue, 28 May 2019 07:31:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380724 The Court intervened to address delays in issuing refunds for Assessment Years 2005-06 and 2007-08 due to a technical glitch. It directed immediate release of refunds, setting deadlines for payment and interest crediting, independent of resolving the system issue. Emphasizing the importance of timely refunds to avoid interest liabilities under Section 244-A of the Income Tax Act, the Court prioritized factual considerations over system errors, ensuring prompt refund disbursement to prevent financial burdens on the exchequer. Case-Laws VAT and Sales Tax Wed, 22 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380724