https://www.taxtmi.com/caselaws?id=434608 The court directed the respondents to release the refund amount of Rs. 17,15,34,707/- with statutory interest within two weeks from the date of receipt of the order. The court emphasized the Income Tax Department's obligation to address technical issues promptly to prevent similar delays. The judgment highlighted the importance of issuing refunds without unnecessary delay and efficiently addressing taxpayer grievances. Additional compensation beyond statutory interest was not granted, but a token cost of Rs. 10,000/- was awarded for the inconvenience caused by the delay and the need to seek court intervention. en-us Mon, 20 Feb 2023 00:00:00 +0530 Tue, 28 Feb 2023 08:40:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434608 The court directed the respondents to release the refund amount of Rs. 17,15,34,707/- with statutory interest within two weeks from the date of receipt of the order. The court emphasized the Income Tax Department's obligation to address technical issues promptly to prevent similar delays. The judgment highlighted the importance of issuing refunds without unnecessary delay and efficiently addressing taxpayer grievances. Additional compensation beyond statutory interest was not granted, but a token cost of Rs. 10,000/- was awarded for the inconvenience caused by the delay and the need to seek court intervention. Case-Laws Income Tax Mon, 20 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434608