2018 (1) TMI 1001

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....vs. 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. 268.85 crores has been refunded and refu....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....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 cases records are not available or the TDS details ....