The orders u\/s 201(1) \/ (1A) were passed by the AO determining the tax liability with interest for the alleged default of non-deduction of tax at source for the payments made on various remittances for purchase, installation and supervision charges.\u00a0 Aggrieved by the order of the CIT (Appeals) upholding the AO\u2019s order, the Assessee filed the appeal before the ITAT, which had been decided in favour of the Assessee.\u00a0 However, during the pendency of the appeal, on insistence of the department, the Assessee had deposited the outstanding tax amount with interest under the protest. The AO passed the orders giving effect to the ITAT\u2019s order u\/s 254 for a refund of certain amount, but not paid to the Assessee on the ground that the Assessee had not filed its application on TRACES portal in prescribed form 26B.\u00a0\u00a0 On Writ, the Hon\u2019ble Court observed that Section 240 dealt with refund of any amount that becomes due to Assessee as a result of any order passed in appeal or other proceedings and mandates that the AO shall refund the amount to the Assessee without having make on claim on that behalf in the event of refund becomes due as a result an order passed in appeal.\u00a0 The Hon\u2019ble Court further observed that the non-functionality of the TRACES portal shall not be ground for denying the benefit arising out of the statutory provisions under the Act.\u00a0 The Writ Petition has been disposed off with a direction to the department to complete the exercise within thirty days and accordingly, disposed of. (AY.2010-11, 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 240 : Refunds-Appeal \u2013Order of Tribunal-Refund denied- Revenue is bound to refund amount to the Assessee with interest as per the provisions of Section 240 and there is no onus on the part of the Assessee to complete any formality for the amount of refund due-Non-functionality of TRACES Portal is not a ground for denying benefit arising out of statutory provision under the Act. [S.201(1)(201(IA), 254(1), Form Non26B, 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-50905","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-df3","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50905","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=50905"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50905\/revisions"}],"predecessor-version":[{"id":58575,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50905\/revisions\/58575"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=50905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=50905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=50905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}