No Justification for Withholding Income Tax Refund: Madras HC Directs Rs. 92 Lakh Payout with Interest to Taxpayer [Read Order]
The Madras High Court directed the Income Tax Department to consider a taxpayer’s representation for a pending refund of Rs. 92 lakh along with applicable interest, emphasizing that there was no justification for withholding the amount despite multiple representations.
The Madras High Court has directed the Deputy Commissioner of Income Tax to consider and dispose of a representation submitted by the petitioner for a pending tax refund of Rs. 92 lakh along with applicable interest under Section 244A of the Income Tax Act. Jan De Nul Dredging India Private Limited, (petitioner) represented by its…
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