For not granting the refund the assessee filed the writ petition, allowing the petition the Court directed the Revenue to refund verified amount along with interest and balance refund amount the Revenue is directed to locate the file and release the amount based on indemnity bond furnished by the assessee. (AY. 1997-98 to 2002-03)
Nokia Corporation v. Dy. CIT (2023) 295 Taxman 267 (Delhi)(HC)
S. 237 : Refunds-Directed to refund verified amount along with interest and balance refund amount the Revenue is directed to locate the file and release the amount based on indemnity bond furnished by the assessee. [Art. 226]