https://www.taxtmi.com/caselaws?id=69309 The Tribunal allowed the appeals in part, directing the ITO to grant interest on the refund as per the directions provided. The Tribunal clarified that the interest should be calculated from July 1977, following the Supreme Court's judgment, and not from the date of the Tribunal's order in 1975. The Tribunal also affirmed the right of the assessee to appeal against the non-grant of interest, distinguishing the present case from the precedent cited by the Departmental Representative. en-us Wed, 26 Nov 1980 00:00:00 +0530 Wed, 06 Apr 2011 11:43:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69309 The Tribunal allowed the appeals in part, directing the ITO to grant interest on the refund as per the directions provided. The Tribunal clarified that the interest should be calculated from July 1977, following the Supreme Court's judgment, and not from the date of the Tribunal's order in 1975. The Tribunal also affirmed the right of the assessee to appeal against the non-grant of interest, distinguishing the present case from the precedent cited by the Departmental Representative. Case-Laws Income Tax Wed, 26 Nov 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69309