https://www.taxtmi.com/caselaws?id=22864 Refund arising from appellate orders that had attained finality had to be issued as a consequential obligation under the Income-tax Act, 1961. Section 240 required the Income-tax Officer to refund amounts due as a result of such orders, and section 244(1) made interest payable where the refund was not granted within the prescribed period. On that basis, the assessee was entitled in law to refund vouchers and admissible interest, with no legal impediment shown against their issue. en-us Wed, 18 Jul 1990 00:00:00 +0530 Mon, 14 Dec 2009 16:49:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22864 Refund arising from appellate orders that had attained finality had to be issued as a consequential obligation under the Income-tax Act, 1961. Section 240 required the Income-tax Officer to refund amounts due as a result of such orders, and section 244(1) made interest payable where the refund was not granted within the prescribed period. On that basis, the assessee was entitled in law to refund vouchers and admissible interest, with no legal impediment shown against their issue. Case-Laws Income Tax Wed, 18 Jul 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22864