https://www.taxtmi.com/caselaws?id=247090 The court held that the petitioner is entitled to interest under Section 11BB of the Income Tax Act for delayed refunds, emphasizing that interest payment is automatic if refunds exceed three months. The petitioner's waiver of interest was disregarded, and the court rejected the claim for interest on interest. The authority was directed to calculate and pay the interest within two months, citing legal precedents and Circular no.670/61/2002-CX to support its decision. en-us Thu, 24 Apr 2014 00:00:00 +0530 Thu, 01 May 2014 10:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247090 The court held that the petitioner is entitled to interest under Section 11BB of the Income Tax Act for delayed refunds, emphasizing that interest payment is automatic if refunds exceed three months. The petitioner's waiver of interest was disregarded, and the court rejected the claim for interest on interest. The authority was directed to calculate and pay the interest within two months, citing legal precedents and Circular no.670/61/2002-CX to support its decision. Case-Laws Central Excise Thu, 24 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247090