Income Tax Refund Delayed for 8 Years: Delhi HC Orders Immediate Payment

Microsoft Corporation India Pvt. Ltd. Vs DCIT (Delhi High Court) Delhi HC Pulls Up Revenue for 8-Year Delay: Orders Immediate Refund with Interest & Personal Costs The Delhi High Court allowed the writ petition filed by Microsoft Corporation India Pvt. Ltd., directing the Income Tax Department to refund ₹5.37 crore arising from Fringe Benefit Tax (FBT) along with applicable interest under Sections 244 and 244A(1A) of the Income-tax Act, 1961. The Court noted that as far back as 16.06.2017, the Assessing Officer himself had acknowledged that amounts of ₹6.94 crore and ₹5.37 c...