Income Tax Refund Cannot Be Withheld for Non-Functionality of TRACES Portal

Birla Corporation Limited Vs PCIT (IT AND TP) And Others (Madhya Pradesh High Court) Madhya Pradesh High Court addressed a writ petition filed by Birla Corporation Limited seeking the quashing of an order dated July 11, 2023, and a refund of tax payments with interest. The case stemmed from proceedings initiated under Sections 201(1) and 201(1A) of the Income Tax Act for alleged non-deduction of tax at source on payments related to purchases and services. Despite repeated appeals and favorable rulings from the Income Tax Appellate Tribunal (ITAT), the Income Tax Department delayed processing r...