Refund: V-I wins Rs.1,128 crores battle as Bombay HC pulls up I-T for laxity
Virendra Pandit New Delhi: The Bombay High Court has directed the Income Tax department to refund Rs. 1,128 crores to Vodafone Idea Ltd which the telecom firm paid in taxes for the assessment year 2016-2017. I-T’s assessment order, passed in August 2023, was “time-barred and hence cannot be sustained,” the HC ruled on Wednesday. […]


