Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Highlights
of of All Highlights
Note
Bookmark
Share
Don't have an account? Register Here
of The court held that the assessee was entitled to refund of Rs. 3,50,00,000/- deposited with the department, along with statutory interest and interest on refunds. The amount deposited was not tax but an excess amount, and the assessee was not obligated to file a revised return u/s 28 of the DVAT Act. The respondent could not retain the refund claim on grounds of limitation or voluntary deposit. The court observed that the state, having received and retained the money without right, was bound to refund it with interest. u/s 42, the assessee was entitled to interest from the date the refund became due u/s 38(3)(a)(ii). The impugned Refund Rejection Order was quashed, and the respondent was directed to refund the amount along with statutory interest and interest on refunds for the relevant quarters.
TaxTMI 
TaxTMI 
