Bombay HC directs income tax department to refund Rs 1,128 crore to Vodafone Idea

The Bombay High Court has directed the income tax department to refund Rs 1,128 crore to Vodafone Idea Ltd for Assessment Year 2016-2017.

A division bench of Justices K.R. Shriram and Neela Gokhale also pulled up the assessing officer (AO) for showing “laxity and lethargy” in not passing the final order within the mandated 30-day time.

The court passed its judgment on a petition filed by Vodafone Idea (Vi) which said Central Processing Centre, Bangalore and the assistant commissioner of income-tax, Mumbai circle, failed to refund the amount paid by the company for AY 2016-2017.