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2010 (12) TMI 961 - DELHI HIGH COURTRefund - whether tax admittedly paid by the petitioner-assessee by way of TDS in respect of the alleged interest payable to IDBI, which interest had, in fact, never accrued to IDBI and hence, was not its income liable to tax, could be refunded to petitioner-assessee? - Held that:- As interest had never accrued in IDBI's favour and further that the IDBI has no objection to the return of interest to petitioner-assessee, in view of judgment in Universal Cables Ltd. (2009 (6) TMI 913 - MADHYA PRADESH HIGH COURT), respondent are directed to refund the tax which was paid by way of TDS for the Assessment Years 2002-03 and 2003-04 respectively to the petitioner-assessee. With the aforesaid directions, the present writ petition stands allowed
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