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    <title>2017 (4) TMI 1252 - ALLAHABAD HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=194791</link>
    <description>The court held in favor of the appellant, ruling that the Revenue must pay interest on the wrongfully confiscated amount that was later refunded. The court emphasized the principle that the government cannot benefit from unlawfully held funds and cited case law supporting the obligation to refund such amounts with interest. Relying on a Supreme Court decision, the court concluded that the appellant is entitled to interest for the entire period the funds were in the Revenue&#039;s possession. As a result, the department was ordered to pay accrued interest on the refunded amount, and the appeal was allowed in favor of the appellant.</description>
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    <pubDate>Wed, 26 Apr 2017 00:00:00 +0530</pubDate>
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      <title>2017 (4) TMI 1252 - ALLAHABAD HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=194791</link>
      <description>The court held in favor of the appellant, ruling that the Revenue must pay interest on the wrongfully confiscated amount that was later refunded. The court emphasized the principle that the government cannot benefit from unlawfully held funds and cited case law supporting the obligation to refund such amounts with interest. Relying on a Supreme Court decision, the court concluded that the appellant is entitled to interest for the entire period the funds were in the Revenue&#039;s possession. As a result, the department was ordered to pay accrued interest on the refunded amount, and the appeal was allowed in favor of the appellant.</description>
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      <pubDate>Wed, 26 Apr 2017 00:00:00 +0530</pubDate>
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