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Tax Refund Dispute: Resolution Committed in 3 Months or Rs. 1 Lakh Compensation; Section 244A Involved.

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Full Text of the Document

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....Non-grant of the refund as withheld with interest and additional interest u/s 244A - Respondent is not yet clear on the outstanding amount, however, it is volunteered that within three months, it shall be in a position to complete the same noticing the fact that the company has changed its name with all its past and future liabilities. - 3 months time granted, else compensation of Rs. 1 lacs to be paid - HC....