https://www.taxtmi.com/caselaws?id=439864 The court ordered the immediate issuance of a refund amount due for Assessment Year 2015-2016, totaling approximately Rs. 60 crores, along with interest under Section 244A of the Income Tax Act, 1961. The court found no justification for withholding the refund, directing payment within three weeks. Additionally, it emphasized that the entire refund due for that assessment year should be paid, rejecting adjustments against other demands and warning of contempt proceedings for non-compliance. en-us Tue, 27 Jun 2023 00:00:00 +0530 Tue, 04 Jul 2023 08:57:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439864 The court ordered the immediate issuance of a refund amount due for Assessment Year 2015-2016, totaling approximately Rs. 60 crores, along with interest under Section 244A of the Income Tax Act, 1961. The court found no justification for withholding the refund, directing payment within three weeks. Additionally, it emphasized that the entire refund due for that assessment year should be paid, rejecting adjustments against other demands and warning of contempt proceedings for non-compliance. Case-Laws Income Tax Tue, 27 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439864