{"id":41468,"date":"2024-04-08T18:30:11","date_gmt":"2024-04-08T13:00:11","guid":{"rendered":"https:\/\/itatonline.org\/digest\/virtusa-consulting-services-pvt-ltd-v-dy-cit-2023459-itr-522-telanganahc\/"},"modified":"2024-04-08T18:30:11","modified_gmt":"2024-04-08T13:00:11","slug":"virtusa-consulting-services-pvt-ltd-v-dy-cit-2023459-itr-522-telanganahc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/virtusa-consulting-services-pvt-ltd-v-dy-cit-2023459-itr-522-telanganahc\/","title":{"rendered":"Virtusa Consulting Services Pvt. Ltd. v. Dy. CIT (2023)459 ITR 522 (Telangana)(HC)"},"content":{"rendered":"<p>By an order of the National Company Law Tribunal Polaries Consulting Services Limited\u00a0 was merged with Virtusa Consulting Services Private Limited. On a writ petition seeking directions to the Department to allow credit of advance tax paid by P and tax deducted at source in the merged assessee Virtusa Consulting Services Private Limited\u00a0 and refund under section\u00a0237\u00a0of the\u00a0Income-tax Act, 1961\u00a0with applicable interest :<\/p>\n<p>The court directed the Department to remit the consequential refund along with applicable interest to the assessee Virtusa Consulting Services Private Limited\u00a0\u00a0\u00a0 since challan from Polaries Consulting Services Limited\u00a0\u00a0 to Virtusa Consulting Services Private Limited\u00a0 had been migrated.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 237 : Refunds-Interest-Credit for advance tax and tax deducted at  source-Company Merging Under Order Of National Company Law Tribunal-Directions issued to give credit of  refund with interest to entity with which company merged. [Art. 226]   <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-41468","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-aMQ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=41468"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41468\/revisions"}],"predecessor-version":[{"id":41469,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41468\/revisions\/41469"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=41468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=41468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=41468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}