Court Orders Prompt Tax Credit Refund with Interest Post-Merger for Virtusa and Polaris Entities.

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....Migration of credit for advance tax and tax deducted at source (TDS) post merger - Claim of credit of taxes paid by Polaris in the merged entity of Virtusa - Since the basic grievance of the petitioner has been redressed, we are of the view that the consequential refund is required to be remitted to the petitioner at an early date with applicable interest in accordance with law. - HC....