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2019 (5) TMI 1452 - DELHI HIGH COURTIssuance of ‘already determined refund’ for the Assessment Year 2002-03, 2005-06, 2007-08 and 2016-17 along with interest - delay in sanction refund due to some technical glitch - HELD THAT:- The Court sees no reason why on account of a technical glitch in the system, the refund due to an Assessee should be delayed. It must be remembered that every day’s delay would mean interest payable on the refund amount under Section 244-A of the Act. With the refund amount running into crore of rupees, the interest amount would obviously be several lacs of rupees, and all of this is coming out of the exchequer needlessly on account of such ‘glitches’ in the system. The Respondents will now release the refund amounts that have already been processed and approved in favour of the Petitioner not later than 31st May, 2019. The interest amount due, as of 31st March, 2019 on the aforementioned sums should be credited to the account of the Petitioner positively on or before 30th June, 2019. Petition disposed off.
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