https://www.taxtmi.com/highlights?id=54122 Doctrine of Contemporanea Expositio - Availment of Capital Investment Subsidy -when the Appellant company had obtained undue advantage in monetary terms by availing 25% extra subsidy; and had given undertaking to refund any excessive benefit with interest at the rate of 12% per annum, in our view, the Appellant company remains liable to refund the excess amount together with interest at the rate agreed upon, i.e., 12% per annum. en-us Wed, 22 Jul 2020 09:09:23 +0530 Wed, 22 Jul 2020 09:09:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=54122 Doctrine of Contemporanea Expositio - Availment of Capital Investment Subsidy -when the Appellant company had obtained undue advantage in monetary terms by availing 25% extra subsidy; and had given undertaking to refund any excessive benefit with interest at the rate of 12% per annum, in our view, the Appellant company remains liable to refund the excess amount together with interest at the rate agreed upon, i.e., 12% per annum. Highlights VAT and Sales Tax Wed, 22 Jul 2020 09:09:23 +0530 https://www.taxtmi.com/highlights?id=54122