TMI Blog2022 (11) TMI 136X X X X Extracts X X X X X X X X Extracts X X X X ..... s in granting the refund is in contravention of Sections 240 and 244A of the Act. Consequently, the present writ petition is disposed of with a direction to the AO to pass the appeal effect order of the order passed by the Tribunal for the AY 2013-14 within twelve weeks of receipt of this order as well as grant, if any, the consequential refund of tax paid/deposited by the Petitioner along with ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... deposited by the Petitioner along with applicable interest as per law. 2. Learned counsel for the Petitioner states that the Tribunal vide order dated 29th November, 2019 for Assessment Year 2013-14 deleted the additions/disallowances made by Respondent No.1 with respect to (i) transfer pricing addition on corporate charges of Rs.13,54,90,701/- and (ii) depreciation on goodwill of Rs.158,73,13, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sent case. 5. This Court is of the view that as the order of the Tribunal has not been assailed in appeal under Section 260A of the Act, it has attained finality and the inaction of the Respondents in granting the refund is in contravention of Sections 240 and 244A of the Act. 6. Consequently, the present writ petition is disposed of with a direction to the Assessing Officer to pass the appe ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
