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    <title>2004 (2) TMI 343 - Supreme Court</title>
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    <description>Interest on amounts deposited pursuant to a writ court&#039;s interim order is governed primarily by the terms of that order, not mechanically by the statutory refund provision. The Court held that section 14-C of the Orissa Sales Tax Act did not automatically control the full claim for interest on the two deposits. For the earlier deposit of Rs. 50 lakhs, interest was payable at 12 per cent in the circumstances. For the later deposit of Rs. 25 lakhs, no additional interest was awarded, and no recovery was permitted from interest already paid. The existing interest payment was treated as sufficient on the facts.</description>
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    <pubDate>Tue, 17 Feb 2004 00:00:00 +0530</pubDate>
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      <title>2004 (2) TMI 343 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=105294</link>
      <description>Interest on amounts deposited pursuant to a writ court&#039;s interim order is governed primarily by the terms of that order, not mechanically by the statutory refund provision. The Court held that section 14-C of the Orissa Sales Tax Act did not automatically control the full claim for interest on the two deposits. For the earlier deposit of Rs. 50 lakhs, interest was payable at 12 per cent in the circumstances. For the later deposit of Rs. 25 lakhs, no additional interest was awarded, and no recovery was permitted from interest already paid. The existing interest payment was treated as sufficient on the facts.</description>
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      <pubDate>Tue, 17 Feb 2004 00:00:00 +0530</pubDate>
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