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Karnataka High Court Directs NFAC To Refund Rs.29.30 Cr. With Interest To Myntra
Mariya Paliwala
22 Dec 2023 3:00 PM IST
The Karnataka High Court has directed the National Faceless Assessment Centre (NFAC) to refund Rs. 29.30 crore with interest under Section 244A of the Income Tax Act to Myntra Designs Pvt. Ltd.The bench of Justice B. M. Shyam Prasad has observed that if indeed a reference to the transfer pricing officer is under investigation, it would suffice for this Court to observe that if the...
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