Income Tax Refund Must Include Interest Till Actual Payment Date: Orissa HC

Daimond Plaza Pvt. Ltd. Vs ACIT (Orissa High Court) The petitioner filed a writ petition under Articles 226 and 227 of the Constitution of India seeking a direction to release refund under Sections 240 and 244A of the Income Tax Act in order to give effect to the appellate order dated 14 June 2018 passed by the Commissioner of Income Tax (Appeals)-2, Bhubaneswar for Assessment Year 2009-10. The assessment order dated 28 December 2016 had been passed under Section 153A by the Assistant Commissioner of Income Tax, Central Circle, Cuttack. The appellate authority allowed the appeal and deleted th...