https://www.taxtmi.com/caselaws?id=163987 Excess tax already determined as refundable could not be withheld merely because assessments for later years were still pending, as the Act does not permit retention of a refund in anticipation of a possible future liability. The court also recognised that delayed repayment attracts interest under section 24(4) of the Tamil Nadu General Sales Tax Act, 1959. The respondent was directed to release the excess tax refund if no later assessment order imposing liability had been passed, and to pay interest on the belated refund. en-us Mon, 16 Feb 2009 00:00:00 +0530 Tue, 15 Apr 2014 17:22:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163987 Excess tax already determined as refundable could not be withheld merely because assessments for later years were still pending, as the Act does not permit retention of a refund in anticipation of a possible future liability. The court also recognised that delayed repayment attracts interest under section 24(4) of the Tamil Nadu General Sales Tax Act, 1959. The respondent was directed to release the excess tax refund if no later assessment order imposing liability had been passed, and to pay interest on the belated refund. Case-Laws VAT and Sales Tax Mon, 16 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163987