2025 (8) TMI 1442

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.... For the Respondents: Mr. Abhishek Mishra, Advocate. P. C. 1. The above Petition is filed to direct the Respondents to forthwith issue to the Petitioner a refund of Rs. 2,82,73,980/- for A.Y. 2008-09 determined vide order dated 12th February 2024 and a refund of Rs. 3,96,51,440/- for A.Y.2009-10 determined vide order dated 8th February 2024. These refunds are sought together with interest....

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.... Crores the Department has granted a refund of only Rs.56 Lakhs. On this refund, interest is calculated also upto 12th February 2024. He submitted that for this short payment of refund, the Petitioner has already filed a Rectification Application before the Assessing Officer under Section 154 of the IT Act. He, therefore, submitted that the Assessing Officer be directed to decide the Rectification....