https://www.taxtmi.com/caselaws?id=187803 The High Court granted the petition, directing the government to pay simple interest at 9% p.a. to the petitioner on the amount retained by revenue authorities before Assessment Year 1993-94. Failure to comply would result in an increased interest rate of 15% p.a. The ruling was absolute with no order as to costs, allowing direct service for judgment implementation. en-us Wed, 05 Apr 2006 00:00:00 +0530 Mon, 07 Nov 2016 15:56:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187803 The High Court granted the petition, directing the government to pay simple interest at 9% p.a. to the petitioner on the amount retained by revenue authorities before Assessment Year 1993-94. Failure to comply would result in an increased interest rate of 15% p.a. The ruling was absolute with no order as to costs, allowing direct service for judgment implementation. Case-Laws VAT and Sales Tax Wed, 05 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187803