https://www.taxtmi.com/caselaws?id=25973 A claim for interest on an income-tax refund arising after commencement of the Income-tax Act, 1961 is governed by the 1961 Act's repeal and saving provisions, not by section 66(7) of the Indian Income-tax Act, 1922. Because the interest claim was not itself a pending appeal, reference or revision at the time the 1961 Act commenced, section 297(2)(c) did not apply. Instead, where the refund became due after commencement in respect of an assessment completed earlier, section 297(2)(i) brought the new Act's interest provisions into operation. The earlier 1922 Act provision was therefore inapplicable. en-us Tue, 23 Apr 1985 00:00:00 +0530 Tue, 02 Feb 2010 10:46:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25973 A claim for interest on an income-tax refund arising after commencement of the Income-tax Act, 1961 is governed by the 1961 Act's repeal and saving provisions, not by section 66(7) of the Indian Income-tax Act, 1922. Because the interest claim was not itself a pending appeal, reference or revision at the time the 1961 Act commenced, section 297(2)(c) did not apply. Instead, where the refund became due after commencement in respect of an assessment completed earlier, section 297(2)(i) brought the new Act's interest provisions into operation. The earlier 1922 Act provision was therefore inapplicable. Case-Laws Income Tax Tue, 23 Apr 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25973