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Income Tax

HC directs I-T department to pay interest on refund as per Section 244A

Case Law Details

Case Name
Ingenico International India Pvt. Ltd. Vs Joint Commissioner Of Income-Tax (Delhi High Court)
Date of Judgement/Order
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Ingenico International India Pvt. Ltd. Vs JCIT (Delhi High Court) By way of the present petition, Petitioner is seeking a direction to the Respondents to issue interest of Rs.53,92,420/- for the Assessment Year 2018-19 (Rs. 51,11,299/- upto May, 2021 and Rs.2,81,121/- as additional amount). Learned counsel for the Petitioner states that this Court vide order dated 18th March, 2021 in W.P.(C) 10764/2021 had directed Income Tax Department to remit the amount as determined vide order dated 02nd October, 2019 along with requisite interest as payable under the extant provisions of the Income Tax Ac...
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