Bharat Sanchar Nigam Limited v. The Principal Commissioner Of Income Tax - Ii & ORS.

$~22 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 3758/2018, CM APPL. 14920/2018 BHARAT SANCHAR NIGAM LIMITED ..... Petitioner Through: Mr. Tarun Gulati, Mr. Kishore Kunal, Mr. Prashant Tahiliani, Ms. Anshul Verma, Advs.

versus THE PRINCIPAL COMMISSIONER OF INCOME TAX - II & ORS. ..... Respondents Through: Mr. Raghvendra Singh, Advocate.

CORAM:

HON'BLE MR. JUSTICE S. RAVINDRA BHAT HON'BLE MR. JUSTICE A. K. CHAWLA

O R D E R

% 19.07.2018 The petitioner seeks various directions including one for processing of refund. During the pendency of these proceedings, one of his significant claims was for a direction to refund amounts due for AY 2015-16 were accepted and sum of `4633,58,01,270/- allowed. As far as the other issue is concerned, it is clear that the assessment for AY 2016-17 was to be completed on or before 31.12.2018. With regard to the petitioner's submission that it has declared accumulated losses in excess of `37,000 crores, this Court is of the opinion that the Assessing Officer should expeditiously process the returns and pass assessment orders as early as possible in accordance with law.

The writ petition is accordingly disposed of. S. RAVINDRA BHAT, J A. K. CHAWLA, J JULY 19, 2018/akv