https://www.taxtmi.com/caselaws?id=334197 The court upheld the constitutionality of Section 54(1)(aa) of the Gujarat Sales Tax Act, ruling that the provision's cut-off date for interest on refunds was not arbitrary but a valid legislative decision. Additionally, the court granted the petitioner interest on delayed refunds for the years 1974-75 to 1979-80, citing the prolonged and unauthorized withholding of funds as warranting compensatory interest at a rate of 8% per annum from 01.07.1982 to 25.02.2013. The judgment emphasized the court's authority to provide equitable relief in cases of extended injustice in tax matters. en-us Thu, 20 Oct 2016 00:00:00 +0530 Sat, 24 Mar 2018 16:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334197 The court upheld the constitutionality of Section 54(1)(aa) of the Gujarat Sales Tax Act, ruling that the provision's cut-off date for interest on refunds was not arbitrary but a valid legislative decision. Additionally, the court granted the petitioner interest on delayed refunds for the years 1974-75 to 1979-80, citing the prolonged and unauthorized withholding of funds as warranting compensatory interest at a rate of 8% per annum from 01.07.1982 to 25.02.2013. The judgment emphasized the court's authority to provide equitable relief in cases of extended injustice in tax matters. Case-Laws VAT and Sales Tax Thu, 20 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334197