2022 (4) TMI 1130

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....titioner. Mr. Suresh Kumar for respondents. ORDER P.C.: 1 Petitioner's grievance is that though there has been an intimation on 23rd November 2021 under Section 143(1) of the Income Tax Act, 1961 (the Act) that petitioner was entitled to a refund of Rs. 64,92,16,450/-, petitioner has not received the refund. Petitioner has sent reminders and still did not get the refund. Infact petitioner has ....

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....hereof explaining why the refund is not being issued. Respondent nos.4 and 5 shall also explain why the concerned officer, who is delaying the refund, should not be penalized in as much as why he should not be directed to pay the interest from his pocket on the refund. We note this because though petitioner will be getting refund with 6% interest, it is public money that is being used to pay the i....