Appeal effect order has to be passed within 3 months of passing of appeal order

KRBL Limited Vs DCIT (Delhi High Court) Learned counsel for the Petitioner states that the ITAT deleted all the additions and ruled in favour of the Petitioner and the Petitioner is now entitled to a refund of the entire tax paid under protest aggregating to Rs.34,00,00,000/- (along with applicable interest under Section 244A/244A(1A) of the Income Tax Act, 1961 (‘the Act’). Issue notice. Mr.A.Renganath, Advocate accepts notice on behalf of the Respondents-Revenue. He states that the Revenue is in the process of filing an appeal against the order of the ITAT. Having heard learned counsel f...