FACTS The appellant filed IT Returns claiming refund. Notice under section 143(2) was issued to the appellant. The Appellant also file revised return. The Appellant filed Writ Petition before High Court, submitting that there was complete inaction on part of the IT Department in processing the ITRs filed by the appellant and in issuing appropriate […]
GE CAPITAL MAURITIUS OVERSEAS INVESTMENTS v. DCIT – [2021] 127 taxmann.com 235 (Delhi)
Section 241A provides that where refund of any amount becomes due to the assessee under the provisions of section 143(1) and the Assessing Officer is of the opinion, having regard to the fact that a notice has been issued under section 143(2) in respect of such return, that the grant of the refund is likely […]