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Bombay High Court asks I-T dept to refund Rs 1,128 crore to Vodafone Idea within 30 days

Vodafone Idea tax refund case: The Bombay High Court said that the income tax department failed to follow procedure and directed the tax authorities to refund Vodafone Idea Rs 1,128 crore. The court sought action against the assessing officer for causing loss to the exchequer. The court directed the process to be completed in 30 days.

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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

Vodafone ideaIncome tax departmentBombay high courtResolution panelIncome taxVodafone idea limitedJusticeskr shriramNeela gokhaleUnion ministryDispute resolution panelIncome tax business application

Bombay High Cout Orders Tax Refund Of ₹1,128 Crore To Vodafone Idea

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.

Resolution panelBombay high courtIncome tax departmentVodafone ideaIncome taxVodafone idea limitedJusticeskr shriramNeela gokhaleUnion ministryDispute resolution panelIncome tax business applicationVodafone idea tax return

HC orders tax refund of ₹1,128 cr to Vodafone Idea; pulls up I-T dept for laxity and lethargy

HC orders tax refund of ₹1,128 cr to Vodafone Idea; pulls up I-T dept for laxity and lethargy
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Bombay high courtVodafone ideaResolution panelIncome tax departmentHigh courtIncome taxVodafone idea limitedNeela gokhaleUnion ministryDispute resolution panelIncome tax business application

Bombay HC orders tax refund of Rs 1128 crore to Vodafone Idea; pulls up I-T department for laxity and lethargy

The assessment order passed by the department in August this year was time barred and hence cannot be sustained,

Income tax departmentResolution panelVodafone ideaBombay high courtIncome taxVodafone idea limitedJusticeskr shriramNeela gokhaleUnion ministryDispute resolution panelIncome tax business applicationIt department

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