Notice of motion was taken by the department seeking modification or recall of order dated 4-9-2019 passed by the Honourable Court in respect of non-releasing of refund of Rs. 43-25 crores. Dismissing the notice of motion the Court held that no part of the refund can be withheld in relation to the income-tax demands which are ether quashed by appellate authority or Tribunal or stayed. (NM (L) No. 487 of 2019, WP No. 2146 of 2019 dt. 1-10-2019)
Vodafone Idea Ltd. v. Dy.CIT (2021) 126 taxmann.com 184 (Bom.) (HC) Editorial : SLP of revenue is dismissed on the ground of delay. Dy.CIT v. Vodafone Idea Ltd. (2021) 279 Taxman 446 (SC)
S. 240 : Refund-Appeal-No part of the refund can be withheld in relation to the income-tax demands which are ether quashed by appellate authority or Tribunal or stayed. [S. 244A]