Disposed

Vijay K. Kapoor v. Deputy Commissioner of Income Tax International Taxation Circle I Chandigarh

Punjab & Haryana HC3 Sept 2024CWP/515/2024

Case brief

AI extract

What is this about?

Writ petition seeking income-tax refund became infructuous as the refund was granted and a Section 154 rectification order passed. Since the amount was not yet credited, the court directed CPC Bangalore to release and deposit the refund within two months.

What did the court decide?

Direction to CPC, Bangalore to release the refund shown in Form 26AS and credit it to the petitioner's account, preferably within two months.

Vijay K. Kapoor Vs Deputy Commissioner of Income Tax… — Income Tax | Punjab & Haryana HC (2024)

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LAVISHA

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2024.09.05 10:23 I attest to the accuracy and authenticity of this order/judgment Punjab & Haryana High Court, Chandigarh

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Notices were issued in this case and during the pendency of the present writ petition, on 28.08.2024, this Court noticed that the respondent has granted the refund to the petitioner and rectification order under Section 154 has also been passed for allowing the refund. The said order has already been taken on record.

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It is stated that as per Form 26AS, the amount of refund has been reflected at serial No.7 in the TRACES system relating to the Annual Tax Statement of the petitioner – Vijay K. Kapoor with PAN No. AIRPK2798L. Thus, we find that the relief as prayed by the petitioner stands already granted by the respondent and the present writ petition has been rendered infructuous.

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However, learned counsel for the petitioner submits that while the amount has been shown as refunded, actual amount has not been transferred to his account.

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Learned counsel for the respondent/Revenue points out that so far as the process of payment and action regarding refund of the amount is concerned, the same takes time and it is under process and directions have to be issued by the CPC at Bangalore for the purpose.

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Faced with the aforesaid situation, we find that it would be apposite to direct the concerned CPC, Bangalore, to take steps for releasing of the amount as shown in Form 26AS in favour of the petitioner for the concerned Assessment Year and the same be deposited in his account expeditiously as early as possible, preferably within a period of two months from today.

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LAVISHA 2024.09.05 10:23 I attest to the accuracy and authenticity of this order/judgment Punjab & Haryana High Court, Chandigarh

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Present writ petition stands disposed of in the aforementioned

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terms.

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Pending miscellaneous application(s), if any, shall also stand

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disposed of.

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LAVISHA 2024.09.05 10:23 I attest to the accuracy and authenticity of this order/judgment Punjab & Haryana High Court, Chandigarh

Vijay K. Kapoor v. Deputy Commissioner of Income Tax International Taxation Circle I Chandigarh

Case brief

What is this about?

What did the court decide?

Vijay K. Kapoor v. Deputy Commissioner of Income Tax International Taxation Circle I Chandigarh

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Statutes considered

Parties & counsel

Case details

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