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    <title>2009 (5) TMI 700 - CESTAT, NEW DELHI</title>
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    <description>The Tribunal held that filing a reference application under Section 35G does not extend the three-month period under Section 11BB for demanding interest on refundable amounts. The Department must pay interest if refunds are delayed beyond three months from the application date. The Tribunal set aside lower authorities&#039; orders and directed the Department to calculate and pay the interest due to the appellants within six weeks.</description>
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      <link>https://www.taxtmi.com/caselaws?id=126362</link>
      <description>The Tribunal held that filing a reference application under Section 35G does not extend the three-month period under Section 11BB for demanding interest on refundable amounts. The Department must pay interest if refunds are delayed beyond three months from the application date. The Tribunal set aside lower authorities&#039; orders and directed the Department to calculate and pay the interest due to the appellants within six weeks.</description>
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