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2024 (4) TMI 94 - HC - Income TaxDelay in issuing Refund under Direct Tax Vivad Se Vishwas Scheme 2020 - interest on delayed refund - DR as informed that though the department conceded that the amount ought to be refunded and has eventually refunded the amount, interest should not be levied on account of the technical reasons due to which the payment of refund got delayed - HELD THAT:- Identical issue decided in UPS Freight Services India Private Limited [2023 (9) TMI 34 - BOMBAY HIGH COURTwherein held that Except a bald statement in the affidavit that delay in issuing refund has been attributable to some technical issues, there is nothing substantial in the affidavit and as concluded that the Petitioner shall be entitled to the interest on the amount from the date the refund became due till the date it was actually paid, at the rate of 6% per annum which is the rate prescribed under Section 244(A) of the Income Tax Act. In view of the above, this Writ Petition is partly allowed. We direct the department to calculate the interest at the rate of 6% per annum to be paid within 30 days.
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