2020 (9) TMI 539

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....Advocate. ORDER The petition has been heard by way of video conferencing. Present writ petition has been filed seeking a direction to the respondents to grant the credit of prepaid taxes amounting to Rs. 74,33,750/-on account of TDS and advance tax paid by the petitioner as well as to grant the refund as finally determined after allowing the credit for prepaid taxes along with interest as....

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....rned counsel for the petitioner states that the demand under Section 143(1) of the Act, 1961 is still showing as outstanding on the Income Tax portal, yet this Court accepts the undertaking/statement made by the learned counsel for the respondents and holds the respondents bound by it. We further direct the Assessing Officer i.e. respondent No.1 to pursue the matter with the Centralized Process....