9911796707
TMI Blog2022 (10) TMI 547X X X X Extracts X X X X X X X X Extracts X X X X ..... directed to refund the amount together with applicable interest back to the petitioner in accordance with law. - WRIT PETITION NO.14924 OF 2022 (T-IT) - - - Dated:- 2-9-2022 - THE HON'BLE MR.JUSTICE S.R.KRISHNA KUMAR PETITIONER: SRI.NARENDRA KUMAR J. JAIN, ADV. AND SMT. GEETHA RANI K., ADV. RESPONDENT: SRI.K. V. ARAVIND, ADV. ORDER In this petition, the petitioner has sought for the following reliefs: A. Issue as far as Petitioner is concerned by an appropriate writ or Order in the nature of Mandamus or otherwise, to the learned Respondent to grant the refund as determined in the Intimation for AY 2020-21 vide CPC/2021/A6/173193172 passed by the Learned Respondent on 25.11.2021, enclosed as Annexure A. B. I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... #39;orders'. 6. Subsequently, on 22.08.2022, the respondent has addressed an email communication to the petitioner which reads as under: Please refer to the W.P. filed before High Court of Karnataka in W.P.No.14924/2022 in the case of M.Tech Holdings Private Limited PAN AAICM7139B for A.Y.2020-21. The main issue raised in the W.P. is that refund of Rs.21,48,370/- determined as per intimation u/s.143(1) for A.Y. 2020-1 has not been credited to assessee s bank account. Reasons for non-crediting of refund is that assessee is not able to validate bank account on e-filing portal, so that refund due could be credited to assessee s bank account. In this regard, assessee has stated in W.P.No. that it has overseas bank account with Citib ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y allowed; (ii) The respondent is directed to refund the amount of Rs.21,48,370/- together with applicable interest back to the petitioner in accordance with law; (iii) To facilitate refund of the aforesaid amount by the respondent, the petitioner is hereby directed to open virtual bank account within a period of two weeks from today. (iv) Immediately upon the petitioner intimating the respondent that the aforesaid virtual bank account has been opened by it, the respondent shall take necessary steps to validate the said account within a period of two weeks thereafter. (v) Immediately upon validation of bank account by the respondent, the respondent shall ensure that the aforesaid amount of Rs.21,48,370/- is refunded forthwith to ..... X X X X Extracts X X X X X X X X Extracts X X X X
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