Latest Income-Tax Details

For Full Access To All Latest Judgments on Income Tax
Click Here To Subscribe Now
Take a tour of our Income-Tax Library

The computer system and auto generation or any difficulty in doing so in a particular case, cannot override the correct legal position. In the present case, the correct legal position is that the petitioner must receive the refund. Whatever the technical difficulties in releasing the refund, the department must sort it out. If for some reason of technical glitch the system in the present case fails to permit the payment of refund, the concerned authorized officer must manually do so. We, therefore, direct the respondents to release the petitioner's refund amount of Rs. 224,28,74,090/-with statutory interest, which shall be done within a period of two weeks from the date of receipt of this order.

Shanti Prime Publication Pvt. Ltd.

Section 237 of the Income-tax Act, 1961—Refund— When material facts are not disputable, there was no reason why the petitioner should not get the refund which flows from the order of assessment and the department does not dispute that the demands for other assessment years of the petitioner are presently not enforceable ; That being the position, the refund of the petitioner arising out of the order of assessment for the said assessment year cannot be withheld, that too on the ground of technical difficulty of the system not accepting such a declaration of stay of the demands and giving effect to such position-—VODAFONE IDEA LTD. vs. CIT. [2019] 267 TAXMAN 408 (BOM)

Professional services available Audit Management
Tax Lok English Viedo
Tax Lok Hindi Viedo
Check Your Tax Knowledge
Youtube
HR Consulting services

FOR FREE CONDUCTED TOUR OF OUR ON-LINE LIBRARIES WITH OUR REPRESENTATIVE-- CLICK HERE

FOR ANY SUPPORT ON GST/INCOME TAX

Do You Want To Take FREE DEMO Of Our GST/Income Tax Library.