TMI Blog2018 (10) TMI 741X X X X Extracts X X X X X X X X Extracts X X X X ..... rights and contentions, particularly to claim interest on delayed refund. The Writ Petitions are, therefore, disposed off by keeping open the issue and controversy in relation to interest, if any, payable on such delayed refunds. We hope and trust that all pending refund applications are processed in the order in which they are received by the Respondents. If refunds are generated on accoun ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly, he states that the Respondents had processed the refund and sanctioned them pursuant to the proceedings under the Income Tax Act, 1961. Copies of the relevant orders passed under Section 154 of the I. T. Act are taken on record and marked X for identification. 2 On our query, as to whether the amount has been disbursed or not, Mr. Walve has spoken to the concerned officials and has inform ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... received by the Respondents. If refunds are generated on account of orders of Higher Forums, Authorities and Courts, then, it is the bounden duty of the Revenue to grant such refund and disburse the amount expeditiously. 6 Needless to clarify that in the absence of a clear policy, the Courts may then impose interest on the quantum of refund generated either by virtue of Court orders or by virt ..... X X X X Extracts X X X X X X X X Extracts X X X X
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