https://www.taxtmi.com/caselaws?id=429712 The Court directed the Respondents to pass the appeal effect order of the Tribunal's decision for the Assessment Year 2013-14 within twelve weeks. The Petitioner was entitled to a substantial income tax refund of Rs.23,18,71,243, including interest, following the Tribunal's order, which had attained finality. The Respondents' failure to grant the refund was deemed a contravention of Sections 240 and 244A of the Income Tax Act, 1961. The Court emphasized the importance of adhering to statutory provisions and ordered the refund to be issued to the Petitioner in accordance with the law. en-us Wed, 28 Sep 2022 00:00:00 +0530 Thu, 03 Nov 2022 09:06:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429712 The Court directed the Respondents to pass the appeal effect order of the Tribunal's decision for the Assessment Year 2013-14 within twelve weeks. The Petitioner was entitled to a substantial income tax refund of Rs.23,18,71,243, including interest, following the Tribunal's order, which had attained finality. The Respondents' failure to grant the refund was deemed a contravention of Sections 240 and 244A of the Income Tax Act, 1961. The Court emphasized the importance of adhering to statutory provisions and ordered the refund to be issued to the Petitioner in accordance with the law. Case-Laws Income Tax Wed, 28 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429712