Whether interest becomes payable on refund of pre-deposit amount?

Whether interest becomes payable on refund of pre-deposit amount? https://www.taxtmi.com/acts?id=24629 Where an amount deposited by an appellant under the appellate pre-deposit provisions is required to be refunded consequent to an order of the Appellate Authority or Appellate Tribunal, interest at the rate specified under the provision governing interest is payable from the date of payment of the amount until the date of refund. en-us Mon, 03 Apr 2017 16:14:31 +0530 Mon, 03 Apr 2017 16:14:31 +0530 TaxTMI RSS Generator Whether interest becomes payable on refund of pre-deposit amount? https://www.taxtmi.com/acts?id=24629 Where an amount deposited by an appellant under the appellate pre-deposit provisions is required to be refunded consequent to an order of the Appellate Authority or Appellate Tribunal, interest at the rate specified under the provision governing interest is payable from the date of payment of the amount until the date of refund. Act-Rules Bill Mon, 03 Apr 2017 16:14:31 +0530 https://www.taxtmi.com/acts?id=24629