https://www.taxtmi.com/caselaws?id=162665 Statutory refund claims must be verified and paid within a reasonable time, and the revenue cannot delay payment at its own pace. Where refund remains unpaid beyond six months from the application date, section 43 of the Bihar Finance Act contemplates interest on the delayed amount. The authorities were therefore required to complete verification expeditiously and release any balance found due, with interest payable on delay. The principle applied is that partial refund does not justify indefinite withholding of the remaining admitted or verified amount. en-us Wed, 14 Jan 2004 00:00:00 +0530 Wed, 12 Mar 2014 14:20:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162665 Statutory refund claims must be verified and paid within a reasonable time, and the revenue cannot delay payment at its own pace. Where refund remains unpaid beyond six months from the application date, section 43 of the Bihar Finance Act contemplates interest on the delayed amount. The authorities were therefore required to complete verification expeditiously and release any balance found due, with interest payable on delay. The principle applied is that partial refund does not justify indefinite withholding of the remaining admitted or verified amount. Case-Laws VAT and Sales Tax Wed, 14 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162665