Wp(C)/4601/2019 Of Dr.bhabani Charan Rath v. The Asst. Commissioner Of Income Tax

5. 06.03.2019 ss By way of this writ petition, the petitioner has challenged the inaction of the opposite parties in disbursing/releasing the refund of the penalty amount particularly when, the order of penalty has been cancelled by the Income Tax Appellate Tribunal and accordingly, the penalty amount recovered from the petitioner is liable to be refunded along with interest thereon admittedly when, the Assessing Officer has passed the order computing refund by giving effect to the order of the Income Tax Appellate Tribunal. Mr.T.K.Satapathy, learned Senior Standing Counsel for the Income Tax Department states that Centralized Processing Centre for Income Tax Return has already instructed the Bank to credit the refund amount of the petitioner to his account. However, it is made clear that if the refund amount is not credited within fifteen days, petitioner may revive this petition. With the aforesaid observation, the writ petition stands disposed of. ..………………….. K.S. JHAVERI (Chief Justice) ……..………………….. K.R. MOHAPATRA (Judge)