2018 (1) TMI 1001

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....Anirudh Bakhru, Ms. Rubal Maini, Advs. For The Respondents : Mr. Zoheb Hossain, Sr. Standing Counsel with Mr. Arindam Misra, ACIT for Income Tax Department ORDER 1. Compliance affidavit filed by the respondents states that Rs. 386.92 crores have been refunded to the petitioner/assessee. However, during the course of hearing it is accepted by the counsel for the respondents that sum of Rs.....

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..... In case the petitioner is aggrieved by any order, it is entitled to challenge the same, in accordance with law. 4. Another issue relates to the question of interest. Interest is to be paid as per the Income Tax Act and Rules. In case interest has been denied, then an order has to be passed by the Assessing Officer in accordance with law. 5. The compliance affidavit mentions that in some ca....