Relief to MUFG Bank: Delhi HC directs Income Tax Dept to pay Income Tax Refund Rs. 93.4 Crores with Interest [Read Order]

MUFG - Bank - Delhi - HC - Income - Tax - pay - Income - Tax - Refund - TAXSCAN

In a major relief to MUFG Bank, a division bench of the Delhi High Court has directed the income tax department to process the refund of Rs. 93,42,03,834/-to the MUFG Bank along with interest in accordance with the Income Tax Appellate Tribunal order. Justice Manmohan and Justice Manmeet Pritam Singh Arora was considering a petition…

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