2023 (12) TMI 887 - SCH - Income Tax

Delay in paying the audit fee - Petitioner was engaged as an auditor in exercise of the Assessing Officer s (AO) powers u/s 142(2A) - HC held 2023 (2) TMI 861 - DELHI HIGH COURT there is enormous delay in each case in payment of the determined audit fee. The delay is nearly four years in each case and interest ought to be paid to the petitioner at the rate of 7% per annum. Interest will run from the date of determination in each case till the date of payment of audit fee was made. HELD THAT - There is a delay of 204 days in filing the Special Leave Petition. The delay has not been satisfactorily explained. The Special Leave Petition is dismissed on the ground of delay.