Karnataka HC Directs Income Tax Dept to Release Refund with Interest

M N Dastur & Company Pvt. Ltd. Vs DCIT (Karnataka High Court) Refund Justice – Tribunal Allowed, Yet Refund Delayed? HC Steps In to direct IT Dept to Release Dues within 8 Weeks; Karnataka HC Directs IT Dept to Grant Refund with Interest Pursuant to ITAT’s Order Karnataka High Court considered a petition filed seeking enforcement of refund pursuant to the order of the Tribunal. M N Dastur & Company Pvt. Ltd., a company registered under the Companies Act, had succeeded before the Tribunal in ITA Nos.118 & 119/2022 for AYs 2015-16 & 2016-17. Tribunal by order dated 26.05...