Casio’s Income Tax Appeal Lingers 12 Years: Delhi HC Directs Swift Resolution

Casio India Company Private Limited Vs ACIT (Delhi High Court) Delhi High Court has directed the Commissioner of Income Tax (Appeals) to expeditiously resolve a 12-year-old income tax appeal filed by Casio India Company Private Limited. The Court’s intervention comes after Casio highlighted the inordinate delay in the appeal’s disposal and the recovery of approximately ₹3.5 crore by the tax authorities through adjustments of subsequent refunds, even while the appeal remained pending. Casio India had filed its income tax return for Assessment Year 2009-10, which subsequently under...