Interest on refund for admission of appeal payable from payment until refund under prescribed rate. Where an amount paid by an appellant as the deposit for admission of an appeal is required to be refunded following an order of the Appellate Authority or the Appellate Tribunal, interest at the statutory rate is payable on the refund from the date of payment 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 refund for admission of appeal payable from payment until refund under prescribed rate.
Where an amount paid by an appellant as the deposit for admission of an appeal is required to be refunded following an order of the Appellate Authority or the Appellate Tribunal, interest at the statutory rate is payable on the refund from the date of payment until the date of refund.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
