Denial of refund of accumulated ITC for non-submission of information regarding transfer of business is unacceptable

Ajay Kumar Jindal Vs Superintendent (Delhi High Court) Delhi High Court held that denial of refund of accumulated ITC on the ground that information regarding transfer of business and other returns to establish the transfer of stocks and capital goods not submitted is unacceptable. Facts- Petitioner earlier functioned as sole proprietor, however, later formed a partnership firm. Accordingly, the petitioner applied for refund of the amount lying in his Electronic Cash Ledger (ECL) on 27.09.2021, which was allowed by an order dated 25.11.2021. Thereafter, on 12.11.2021, the petitioner filed an a...