Interest on delayed refunds to run from date of excess duty payment until refund order, aligning with income-tax refund practice. Interest under section 64(7) of the Estate Duty Act is allowable from the date of payment of excess estate duty until the date of the order granting the refund, aligned with the refund-period approach of the Income-tax Act, and the previously fixed rate of interest remains applicable.
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Provisions expressly mentioned in the judgment/order text.
Interest on delayed refunds to run from date of excess duty payment until refund order, aligning with income-tax refund practice.
Interest under section 64(7) of the Estate Duty Act is allowable from the date of payment of excess estate duty until the date of the order granting the refund, aligned with the refund-period approach of the Income-tax Act, and the previously fixed rate of interest remains applicable.
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