HC orders tax refund of Rs 1128 cr to Vodafone Idea pulls up I-T dept for laxity and lethargy
(This story has not been edited by THE WEEK and is auto-generated from a PTI
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(This story has not been edited by THE WEEK and is auto-generated from a PTI
The Bombay High Court has directed the Income Tax department to refund Rs 1,128 crore to Vodafone Idea Limited paid by the telecom operator in taxes for the assessment year 2016-2017.
The assessment order passed by the department in August this year was time barred and hence cannot be sustained,
Get latest articles and stories on India at LatestLY. The Bombay High Court has directed the Income Tax department to refund Rs 1,128 crore to Vodafone Idea Limited paid by the telecom operator in taxes for the assessment year 2016-2017. India News | HC Orders Tax Refund of Rs 1128 Cr to Vodafone Idea; Pulls Up I-T Dept for Laxity and Lethargy.
'We are constrained to observe the complete apathy and negligent approach of the assessing officer concerned in discharging his duties, in accordance with the provisions of Income Tax Act,' said HC