Delhi HC allows interest on Delayed Tax Refund [Read Order]

Delhi High Court - interest on Delayed Tax Refund - interest - Tax Refund - Refund - taxscan

In a significant case, the Delhi High Court allowed the interest on delayed tax refunds since the authority failed to pay the granted refund. Alex Tour and Travel Pvt ltd, the petitioner filed refund applications, all dated 13.04.2021, claiming a refund of unutilised Input Tax Credit, amounting to ₹46,38,276/- for the financial year 2018-19.  Thereafter,…

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