Interest on delayed refund: statutory interest accrues from payment date until refund when appellate order mandates repayment. Interest on delayed refund of pre-deposit is payable where an amount deposited by an appellant is required to be refunded consequent to an order of the First Appellate Authority or the Appellate Tribunal; interest at the rate specified under the statute is payable from the date of payment of the amount until the date of refund.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Interest on delayed refund: statutory interest accrues from payment date until refund when appellate order mandates repayment.
Interest on delayed refund of pre-deposit is payable where an amount deposited by an appellant is required to be refunded consequent to an order of the First Appellate Authority or the Appellate Tribunal; interest at the rate specified under the statute is payable from the date of payment of the amount until the date of refund.
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