Bombay High Cout Orders Tax Refund Of ₹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 Limited paid by the telecom operator in taxes for the assessment year 2016-2017.

The assessment order passed by the department in August this year was "time barred and hence cannot be sustained," the HC noted in its judgement on Wednesday.

A division bench of Justices K R Shriram and Neela Gokhale also took a strong view against the assessing officer for showing "laxity and lethargy" in not passing the final order within the mandated 30-day time and thus causing a huge loss to the exchequer and public.