Interest on refund: statutory interest accrues from payment until refund for amounts paid for admission of appeal. Where an amount paid by the appellant for admission of appeal is required to be refunded consequent to any order of the Appellate Authority or the ... Summary
Interest on refund: statutory interest accrues from payment until refund for amounts paid for admission of appeal.
Where an amount paid by the appellant for admission of appeal is required to be refunded consequent to any order of the Appellate Authority or the Appellate Tribunal, interest at the rate specified by law shall be payable in respect of such refund from the date of payment of the amount till the date of refund of such amount.
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