Delay in refund processing, the petitioner's entitlement to interest, and the court's decision to grant interest based on Section 244A

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ndamus for the grant of refund with interest for the Assessment Year 2021-22. Subsequently, the refund was made on 05.10.2023, and the petitioner amended the prayer to confine it to the payment of interest. * Petitioner's Details: The petitioner is a Limited Liability Company (LLC) incorporated in the United States of America (USA). * Tax Deduction: During the financial year 2020-21, t....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... refund was entirely attributable to the respondents (tax authorities), and thus, it was entitled to interest not only in terms of Section 244A of the Income Tax Act but also as compensation. * Legal References: The petitioner's counsel referred to several judgments to support their claim for interest and compensation, emphasizing that the delay was not the petitioner's fault. * Co....