Dept undertakes to pay Income Tax refund to petitioner

Hyosung Corporation Vs Union of India & Ors. (Delhi High Court)

Learned counsel for the Department states that the petitioner has filed a rectification application in which a prayer for up-to-date interest has also been made. He assures and undertakes to this Court that the petitioner’s rectification application shall be decided within two weeks and up-to-date interest, in accordance with law, shall be paid to the petitioner.

The statement/undertaking given by learned counsel for the respondents, on instructions of the Assessing Officer, is accepted by this Court and the respondents are held bound by the same.

FULL TEXT OF THE JUDGMENT/ORDER OF DELHI HIGH COURT

Please become a Premium member. If you are already a Premium member, login here to access the full content.