2020 (7) TMI 694 - SCH - Income Tax

Withholding of Refund - as per respondents since huge outstanding demand has been pending against the petitioner, the AO has initiated proceedings u/s 241A against the petitioner to withheld the refund after following prescribed procedure laid down in the Act - As per HC respondents are directed to refund to the petitioner within two weeks from the date of uploading of this order without fail - HELD THAT - SLP dismissed.

Summary

The Supreme Court dismissed the special leave petition as they did not see any reason to interfere in the matter. Pending applications were also disposed of.