https://www.taxtmi.com/caselaws?id=207533 The court ruled in favor of the petitioner, allowing the writ petition and quashing the order denying interest on the belated refund. The Revenue was directed to compute and pay interest at 15% per annum on the refund amount from 01.01.1998 till the actual date of refund, as the delay in processing the refund was attributed to the Revenue itself. en-us Mon, 14 Nov 2011 00:00:00 +0530 Thu, 15 Dec 2011 09:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207533 The court ruled in favor of the petitioner, allowing the writ petition and quashing the order denying interest on the belated refund. The Revenue was directed to compute and pay interest at 15% per annum on the refund amount from 01.01.1998 till the actual date of refund, as the delay in processing the refund was attributed to the Revenue itself. Case-Laws Income Tax Mon, 14 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207533