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1999 (4) TMI 587
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....rief undisputed facts are that an amount of Rs. 10,43,511 for the assessment year 1993-94 was due from the department to the petitioner-company, which has been refunded in instalments and finally a balance of Rs. 4,30,000 is to be paid which has been withheld. 2.. The only stand taken by the respondent to withhold the refund is, that another company is in arrears of tax and the managing director ....