2014 (11) TMI 270 - KERALA HIGH COURT
JOSEPH KORAH AND OTHERS Versus THE INCOME TAX OFFICER, WARD-1, KOTTAYAM
Grant of interest on interest Amount due to assessee by way of refund - Whether an assessee under the Income Tax Act would be entitled to receive any amount by way of interest on interest under the Income Tax Act - Held that:- The original petition ......
2014 (7) TMI 347 - BOMBAY HIGH COURT
Bharati S. Kandhar Versus The Income Tax Officer And Others
Refund of excess tax with interest Held that:- The entire issue of the orders of ITAT, AO orders giving effect to ITAT orders and Mr. S.M.Kandhar paying the tax as directed by the tribunal would require determination into questions of fact - It is ......
2014 (5) TMI 520 - ALLAHABAD HIGH COURT
Rakesh Kumar Gupta Versus Union of India and another
Mismatching of TDS amount - Refund of TDS - Application for rectification of mistake u/s 154 of the Act Held that:- Following COURT ON ITS OWN MOTION Versus COMMISSIONER OF INCOME TAX AND OTHERS [2013 (3) TMI 316 - DELHI HIGH COURT] - no effort was ......
2013 (2) TMI 149 - GUJARAT HIGH COURT
TORRENT PVT LTD. Versus COMMISSIONER OF INCOME TAX
Revision application u/s 264 to get refund - amalgamated company viz. Torrent Power Limited, got merged with the assessee company has declared interim dividend on which Corporate Dividend Tax (CDT) has been duly paid under the provisions of Section 1 ......
2012 (10) TMI 902 - ORISSA HIGH COURT
Santuka Agencies Versus Income-tax Officer, Ward-2(2), Cuttack
Refund u/s 237 - power of AO to investigate - Whether Petitioner is entitled to refund of Rs.1,70,691/- as claimed in its return filed on 01.09.2003 for the assessment year 2003-04 along with interest as provided under the Income Tax Act, 1961 Foll ......
2012 (12) TMI 904 - DELHI HIGH COURT
LEASE PLAN INDIA & ANR. Versus DEPUTY COMMISSONER OF INCOME TAX
Refund adjusted against demand Adjustment of refund without prior notice or intimation - Demand stayed by order of High Court Violation of Stay order Later on Revenue, in respect of a later period, sought to adjust the amounts due to the writ p ......
2013 (1) TMI 456 - PUNJAB AND HARYANA HIGH COURT
Tarsem Kumar Versus The Income Tax Officer and others
Refund claim - Whether an intimation u/s 143(1)(a) would constitute assessment - Petitioner had omitted to claim the credit in original return of income u/s 139(1) on 26.7.2005 for the A.Y. 2005-06 - Intimation regarding processing of return forwarde ......
2012 (11) TMI 185 - GUJARAT HIGH COURT
Mardia Chemicals Ltd. Versus Commissioner of Income-tax & 1
Refund of TDS u/s 195 - Whether any latter amendment in the instructions issued by the CBDT can be the ground for declining the claim of the assessee - Whereas grounds of the assessees case duly covered under the circular prior to amendment - Held t ......
2012 (11) TMI 184 - Gujarat High Court
FAG Bearings India Ltd. Versus Chief Commissioner of Income-tax
Denial of Refund of excess tax deducted by source - the same payment of technical fees to the foreign company is made twice - Held that:- The petitioner at the time of making the provision for technical assessment fees, payable to the foreign company ......
2012 (6) TMI 285 - Jharkhand High Court
Chitranjan Jaiswal Versus CIT and Anr.
Whether in a case where the Assessing Officer drops a proceeding under Section 147/148 of the Income Tax Act, 1961 after filing of return and on the basis of return then refund claimed in that return is required to be allowed to the assessee Held t ......
2011 (6) TMI 229 - DELHI HIGH COURT
Indglonal Investment & Finance Ltd. Versus Income-tax Officer
Claim of refund on the ground that tax was mistakenly and on the ground that levy is wrong or contrary to the provisions of the enactment - The contention of the Revenue is that only the return form and the not the annexures attached are relevant to ......
2010 (2) TMI 215 - KARNATAKA HIGH COURT
DINAKAR ULLAL Versus COMMISSIONER OF INCOME-TAX
Refund- Interest on refund- The petitioner, a civil contractor assessed to income-tax, filed a belated return of income on September 8, 1997, for the assessment year 1995-96 declaring income of Rs. 50,240 and claiming refund of Rs. 2,41,505 being tax ......
2008 (10) TMI 254 - ITAT DELHI-C
Gloric Investments Limited. Versus Deputy Director Of Income-tax (International Taxation).
Income escaping assessment, Refund ......
........... ttitude which private litigants might adopt 21. In the result, the orders dt.29th March, 2004, made under ss. 263 and 264 of the Act are quashed and set aside, and the order dt.27th March, 2003, made by the AO under s. 154 of the Act shall prevail. The respondent is directed to not only issue the refund due in accordance with the order under s. 154 of the Act dt.27th March, 2003, but also grant interest under s. 244A of the Act, till the date of payment of the refund at appropriate rate, as may be prevalent from time to time. The respondent is directed to ensure that the refund along with the interest due is paid within a period of three weeks from the date of receipt of a writ of this Court, or a certified copy of this judgment and order, whichever is earlier. 17. In view of the above discussion, we hold that the assessee is entitled to get refund and we direct the AO to grant necessary refund to the assessee. With these observations, appeal filed by the assessee is allowed.
2008 (8) TMI 432 - ITAT MADRAS-C
Supreme Renewable Energy Limited. Versus INCOME TAX OFFICER.
Credit Of TDS ......
........... osit mandatory for acquisition on installation of machinery then the interest was earned by the assessee and is directly incidental to the acquisition in respect of machinery and therefore the same has been rightly reduced from the cost of the machinery. In this way the assessee has indirectly disclosed income and has offered for assessment. We are of the considered view that even if the income earned by the assessee has not been offered for tax being not liable for tax, the assessee is entitled for credit of TDS made in respect of that income. Accordingly, we set aside the orders of the lower authorities and hold that the assessee is entitled for credit of TDS relating to interest income of Rs. 51,21,287. 11. As regards interest levied under ss. 234B and 234C the same is consequential. Since we have allowed the TDS credit, the interest levied under ss. 234B and 234C is not justified and hence the same is also deleted. 12. In the result, the appeal of the assessee is allowed.
2007 (11) TMI 294 - KERALA HIGH COURT
Pala Marketing Co-operative Society Ltd. Versus Union of India and others
Petitioner, co-operative society filed a return claiming refund of advance tax and tax deducted at source recovered and remitted by others - application u/s 119(2)(b) for condonation of delay in filing the refund application, was rejected held that ......