https://www.taxtmi.com/caselaws?id=332406 Interest on tax refunds may be awarded as compensatory relief where a taxing statute is silent and the taxpayer has been wrongfully deprived of money due. This principle is distinct from interest on interest, which is impermissible unless expressly authorised by statute. Applying an existing precedent, the Tribunal's determination on refund interest was not disturbed, and the Revenue's challenge failed. en-us Mon, 29 Aug 2016 00:00:00 +0530 Fri, 16 Mar 2018 16:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332406 Interest on tax refunds may be awarded as compensatory relief where a taxing statute is silent and the taxpayer has been wrongfully deprived of money due. This principle is distinct from interest on interest, which is impermissible unless expressly authorised by statute. Applying an existing precedent, the Tribunal's determination on refund interest was not disturbed, and the Revenue's challenge failed. Case-Laws VAT and Sales Tax Mon, 29 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332406