2022 (5) TMI 1017 - HC - Income Tax

Adjustment of refund against the outstanding demand - HELD THAT - Issues involved in this writ petition are covered by an order of this court in Ultra Tech Nathdwara Cement Limited v. Union of India Ors 2021 (7) TMI 1342 - CALCUTTA HIGH COURT and also in the case of Murli Industries Limited 2021 (12) TMI 1182 - BOMBAY HIGH COURT and in the case of The Sirpur Paper Mills Limited Anr. v. Union of India Ors. 2022 (1) TMI 977 - TELANGANA, HIGH COURT is disposed of by directing the respondent concerned to refund the sum of Rs.4,311,640/- subject to factual verification along with statutory interest to be calculated from the date of adjustment dated December 18, 2021 till the date of refund, within eight weeks from the date of communication of this order.

Summary

The Calcutta High Court disposed of WPA No.7498 of 2022 by directing the respondent to refund Rs.4,311,640 with interest within eight weeks, citing previous court orders.