Bombay HC Directs Timely Disposal of TDS Refund Application

Bizznet Online Systems Pvt Ltd Vs DCIT (Bombay High Court) The Bombay High Court ruled in favor of Bizznet Online Systems Pvt Ltd, directing the revenue department to process the company’s pending TDS refund application in a time-bound manner. The petitioner initially sought a refund of ₹6,16,650 with interest under Section 244A of the Income Tax Act, 1961, but later confined the claim to ₹2,89,775, as per a TDS certificate issued by Percept Picture Company Pvt Ltd. The Court noted that the petitioner had filed a representation in June 2019, seeking the refund, but the revenue depart...