Knowlarity Communications India Private Limited v. Assistant Commissioner of Income-tax & Anr - 2020-LL-0703

Citation	2020-LL-0703
Appellant Name	Knowlarity Communications India Private Limited
Respondent Name	Assistant Commissioner of Income-tax & Anr.
Court	HIGH COURT OF DELHI AT NEW DELHI
Relevant Act	Income-tax
Date of Order	03/07/2020
Assessment Year	2019-20
Judgment	View Judgment
Keyword Tags	grant of refund
Bot Summary:	Present writ petition has been filed seeking direction to the respondent to grant refund for Assessment Year 2019-20 of Rs.1,61,47,590/- along with interest under Section 244A of the Income Tax Act, 1961. In the present petition, it was averred that the action of the respondent in not granting refund was arbitrary, unreasonable and unjustified. It was further averred that even though the petitioner s case had been selected for scrutiny assessment under Section 143(2) of the Income Tax Act, yet the department was obliged in law to release the refund amount claimed by the assessee pending completion of scrutiny assessment. On the last date of hearing, learned counsel for petitioner had stated that the petitioner was agreeable for adjustment of Rs.48,267/- as proposed by the revenue. Today, learned counsel for respondents-revenue states that the refund of Rs.3,79,837/- for the assessment year 2019-2020 has been released on 22nd June, 2020 and refund of Rs.1,64,75,023/- by deleting the demand for assessment year 2012-2013 has been released from Centralised Processing Centre on 01st July, 2020 and is likely to be credited in petitioner s bank account within five to seven days. Accordingly, present writ petition is disposed of as satisfied. Copy of the order be also forwarded to the learned counsel through e-mail.

IN HIGH COURT OF DELHI AT NEW DELHI W.P.(C) 3722/2020 KNOWLARITY COMMUNICATIONS INDIA PRIVATE LIMITED ..... Petitioner Through: Mr. Rohit Madan with Mr. Amol Sinha, Mr. Nitin Gulati, Mr. Ashvini Kumar and Mr. Kshitiz Garg, Advocates versus ASSISTANT COMMISSIONER OF INCOME TAX & ANR. ..... Respondents Through: Mr. Ajit Sharma, Advocate CORAM: HON'BLE MR. JUSTICE MANMOHAN HON'BLE MR. JUSTICE SANJEEV NARULA ORDER 03.07.2020 petition has been heard by way of video conferencing. Present writ petition has been filed seeking direction to respondent to grant refund for Assessment Year 2019-20 of Rs.1,61,47,590/- along with interest under Section 244A of Income Tax Act, 1961. In present petition, it was averred that action of respondent in not granting refund was arbitrary, unreasonable and unjustified. It was further averred that even though petitioner s case had been selected for scrutiny assessment under Section 143(2) of Income Tax Act, yet department was obliged in law to release refund amount claimed by assessee pending completion of scrutiny assessment. On last date of hearing, learned counsel for petitioner had stated that petitioner was agreeable for adjustment of Rs.48,267/- as proposed by revenue. Today, learned counsel for respondents-revenue states that refund of Rs.3,79,837/- for assessment year 2019-2020 has been released on 22nd June, 2020 and refund of Rs.1,64,75,023/- by deleting demand for assessment year 2012-2013 has been released from Centralised Processing Centre on 01st July, 2020 and is likely to be credited in petitioner s bank account within five to seven days. statement/undertaking given by learned counsel for respondents-revenue is accepted by this Court and respondents are held bound by same. Accordingly, present writ petition is disposed of as satisfied. order be uploaded on website forthwith. Copy of order be also forwarded to learned counsel through e-mail. MANMOHAN, J SANJEEV NARULA, J JULY 03, 2020 rn Knowlarity Communications India Private Limited v. Assistant Commissioner of Income-tax & Anr

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