Refund interest on appeal deposits applies from payment date until refund when appellate orders require repayment. Interest is payable on the refund of any amount deposited by an appellant for admission of an appeal where the amount becomes refundable because of an order of the Appellate Authority or the Appellate Tribunal. The interest rate is the rate specified under section 56, and interest runs from the date of payment of the deposited amount until the date of refund. The provision applies to amounts paid under the appeal-admission deposit requirements in section 107 and section 112.
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.
Refund interest on appeal deposits applies from payment date until refund when appellate orders require repayment.
Interest is payable on the refund of any amount deposited by an appellant for admission of an appeal where the amount becomes refundable because of an order of the Appellate Authority or the Appellate Tribunal. The interest rate is the rate specified under section 56, and interest runs from the date of payment of the deposited amount until the date of refund. The provision applies to amounts paid under the appeal-admission deposit requirements in section 107 and section 112.
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