https://www.taxtmi.com/caselaws?id=396883 An admitted refund under Form P could not be withheld on the basis of administrative difficulty in tracing records after transfer of assessment. The Court held that internal verification issues do not defeat a statutory refund claim that is otherwise undisputed, and once the amount remains unpaid beyond the prescribed period, liability to pay statutory interest also arises under Section 42(5) of the Tamil Nadu Value Added Tax Act, 2006. The petitioner was accordingly entitled to immediate release of the refund amount together with statutory interest. en-us Mon, 20 Jul 2020 00:00:00 +0530 Fri, 24 Jul 2020 08:15:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396883 An admitted refund under Form P could not be withheld on the basis of administrative difficulty in tracing records after transfer of assessment. The Court held that internal verification issues do not defeat a statutory refund claim that is otherwise undisputed, and once the amount remains unpaid beyond the prescribed period, liability to pay statutory interest also arises under Section 42(5) of the Tamil Nadu Value Added Tax Act, 2006. The petitioner was accordingly entitled to immediate release of the refund amount together with statutory interest. Case-Laws VAT and Sales Tax Mon, 20 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396883