https://www.taxtmi.com/caselaws?id=20067 The judge allowed the writ petitions, directing the respondents to pay the due amount to the petitioner with 12% interest per annum until the date of refund. The decision emphasized the importance of following established legal precedents, specifically a Division Bench decision, in determining the entitlement to interest on advance tax refunds. This ruling ensures consistency and adherence to established legal principles regarding interest payment on tax refunds. en-us Fri, 29 Oct 1993 00:00:00 +0530 Wed, 11 Nov 2009 14:22:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20067 The judge allowed the writ petitions, directing the respondents to pay the due amount to the petitioner with 12% interest per annum until the date of refund. The decision emphasized the importance of following established legal precedents, specifically a Division Bench decision, in determining the entitlement to interest on advance tax refunds. This ruling ensures consistency and adherence to established legal principles regarding interest payment on tax refunds. Case-Laws Income Tax Fri, 29 Oct 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20067