Shanti Prime Publication Pvt. Ltd.
Sec. 241A Of Income Tax Act, 1961— Refund --- the assesseewas engaged in the business of manufacturing and trading of telecom network equipment. The returns for the assessment years 2017-18 and 2018-19 were filed declaring taxable claiming refund respectively. After various notices, reply and direction in refund as per communication under Section 143(1) for the assessment year 2017-18 and for the assessment year 2018-19 filed by the assessee for direction to process the returns and seeking refund, the respondents filed written statement annexing order dated 8.11.2019 withholding the refund for both the years. In accordance with the powers conferred under the provisions of section 241A, the refund due for the A.Y. 2017-18 and 2018-19 is withheld till finalization of scrutiny assessment after obtaining approval of Hon'ble Pr. Commissioner of Income Tax, dated 8.11.2019.” The petition was filed by assessee against the order of withholding.
The court allowed the writ petition. The impugned order was quashed. The respondents were directed to issue refund for the assessment year 2017-18 and 2018-19 along with statutory interest not later than within four weeks from receipt of certified copy. --- HUAWEI TELECOMMUNICATIONS (INDIA) COMPANY PRIVATE LIMITED vs. UOI  23 ITCD Online 24 (P&H)