TMI BlogRefund processing delayed due to technical glitches at Central Processing Center (CPC), despite...Refund processing delayed due to technical glitches at Central Processing Center (CPC), despite Assessing Officer's order. Court expressed concern over non-payment of admitted refund resulting in interest payment from public money, causing loss to nation. Directed CPC to credit refund to Petitioner's account by specified date, failing which physical cheque/pay order with interest u/s 244A of Income Tax Act to be issued. Non-compliance viewed as willful disobedience of court order. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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