Vodafone Idea Ltd(Earlier Known As ... vs Assistant Commissioner Of Income Tax ...

The Supreme Court held that under Section 143(2) of the Income Tax Act, 1961, the Income Tax Department is obligated to process income tax returns and issue refunds in a timely manner. The Court emphasized the importance of adherence to statutory timelines and the right to receive refunds under Section 244A. The appeal was allowed, directing the respondents to process the refunds for assessment years 2014-15 to 2017-18 along with applicable interest.