Voda-Idea to get Rs 833 cr refund as SC rejects govt plea against HC order

The refund was held back by I-T department citing possible future demands, Bomaby HC had ruled the power to do so did not exist in AY 2014-15, to which the case pertains

In a relief to Vodafone Idea, the Supreme Court (SC) on Wednesday dismissed the petition filed by the finance ministry against the Bombay high court order that had directed the revenue department to refund Rs 833 crore to the cash-strapped telecom company. The refund was held by the income tax (I-T) department citing possible future demands.

Earlier this month, the high court had ruled that such a power did not exist at the time of the assessment year 2014-15, to which the case pertained. The revenue department filed a special leave petition against the high court order in the apex court.

“It