https://www.taxtmi.com/caselaws?id=344887 The court partly allowed the writ petition, directing that the petitioners are entitled to interest on the refundable amount of tax from 26.02.2008 until the date of payment. The denial of the refund amounting to Rs. 11,44,821/- was disapproved, and the petitioners are entitled to this refund with interest. The claim for compensation in the form of interest over interest was rejected. The Assessing Officer was directed to make fresh assessment orders within three months, and the respondents must ensure payment within two months of the new assessment orders. No costs were awarded. en-us Wed, 31 May 2017 00:00:00 +0530 Wed, 30 Aug 2017 15:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344887 The court partly allowed the writ petition, directing that the petitioners are entitled to interest on the refundable amount of tax from 26.02.2008 until the date of payment. The denial of the refund amounting to Rs. 11,44,821/- was disapproved, and the petitioners are entitled to this refund with interest. The claim for compensation in the form of interest over interest was rejected. The Assessing Officer was directed to make fresh assessment orders within three months, and the respondents must ensure payment within two months of the new assessment orders. No costs were awarded. Case-Laws Income Tax Wed, 31 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344887