Rs. 9.98 Lakh Income Tax Refund with Interest Delayed by Tax Authorities: Delhi HC Directs Payment within Eight Weeks [Read Order]
The Court noted that if the petitioner considered the payment short, a representation could be submitted to the Assessing Officer, who was required to decide within four weeks.
Income Tax Refund - Interest Delayed - Tax Authorities - Delhi HC - Directs Payment - taxscan
Income Tax Refund - Interest Delayed - Tax Authorities - Delhi HC - Directs Payment - taxscan
The High Court of Delhi, directed payment within eight weeks of Rs. 9.98 lakh as income tax refund along with interest for four assessment years which had been delayed by the tax authorities.
Anil Kumar Goel,petitioner-assessee, filed for a refund of certain amounts for four assessment years, claiming interest. The refund was not granted, and the amounts were found to be payable with interest.
The petitioner counsel, Ms. Himanshi Goel, stated that the total refund due to the petitioner at the time of filing the writ petition was Rs. 9,98,236.80, with the chart showing the refund and interest for different assessment years.
The respondent counsel Mr. Abhishek Maratha,along with Mr. Apoorv Agarwal , submitted documents indicating that the respondents had calculated the payable amount and that the total refund, including interest, would be settled within eight weeks.
The petitioner filed the petition seeking a writ directing the respondents to release the refund for AY 2007-08 along with refunds for other years, including interest and costs, in compliance with the order of Commissioner of Income Tax(Appeals)[CIT(A)] dated 08/02/2017.
The petitioner also sought statutory and penal interest under Section 244A of the Income Tax Act, recomputation of the refund with interest, and compensation for legal costs, harassment, inconvenience, and hardship caused by the respondents’ inaction.
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It provided that if the petitioner considered the payment short, a representation could be submitted to the Assessing Officer (AO) with justification for additional refund, which would be considered and decided within four weeks.
The Court allowed the petitioner the liberty to revive the petition if still aggrieved by the AO’s order.
The petition was disposed of accordingly.
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