Case Law Details
Case Name : Hindustan Petroleum Corporation Limited Vs DCIT (ITAT Mumbai)
Related Assessment Year : 2011-12
Courts :
All ITAT ITAT Mumbai
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Hindustan Petroleum Corporation Limited Vs DCIT (ITAT Mumbai)
The Income Tax Appellate Tribunal (ITAT) Mumbai recently set aside an order passed by the Commissioner of Income Tax (Appeals) [CIT(A)] in the case of Hindustan Petroleum Corporation Limited (HPCL) vs. Deputy Commissioner of Income Tax (DCIT). The case revolves around interest on refunds for the assessment year 2011-12. HPCL had filed an appeal challenging the denial of interest on refunds, which the CIT(A) dismissed, claiming the matter was settled under the now-defunct Vivad Se Viswas Scheme
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