THE COMMISSIONER OF INCOME TAX vs. M/S JINDAL ALUMINIUM

The appeal is allowed

Bench: B.MANOHAR,K.SREEDHAR RAO

TDS for the assessment year 1989-90. The returns were filed. The assessment order is made. It was found that the assessee is entitled to refund of Rs.25,00,000/- and odd. The refund is also given to the assessee. The Assessing Officer finds that the order of refund made is illegal and that assessee was in fact liable

THE COMMISSIONER OF INCOME-TAX, vs. M/S CORPORATION BANK

In the result, the third substantial question of law is also answered