https://www.taxtmi.com/caselaws?id=767628 Bombay HC directed Income Tax Department to process refunds by 15 April 2025 following their failure to comply with ITAT order dated 31 July 2006. Court ordered refunds must be paid by 30 April 2025, failing which 6% per annum interest will apply. Petitioners agreed to waive interest if refunds processed timely. Court emphasized officers responsible for delays must bear interest costs, not State Exchequer. Compliance report required by 5 May 2025. en-us Mon, 17 Mar 2025 00:00:00 +0530 Fri, 21 Mar 2025 08:25:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767628 Bombay HC directed Income Tax Department to process refunds by 15 April 2025 following their failure to comply with ITAT order dated 31 July 2006. Court ordered refunds must be paid by 30 April 2025, failing which 6% per annum interest will apply. Petitioners agreed to waive interest if refunds processed timely. Court emphasized officers responsible for delays must bear interest costs, not State Exchequer. Compliance report required by 5 May 2025. Case-Laws Income Tax Mon, 17 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767628