https://www.taxtmi.com/caselaws?id=27835 The court held that the liability to pay interest under section 34A(3) of the Wealth Tax Act, 1957 is absolute after six months from the Appellate Tribunal's order, irrespective of delays in quantification by the Wealth Tax Officer. Interest payment commences after the six-month period from the Tribunal's order, not upon quantification by the WTO. The court emphasized that the obligation to refund within six months is mandatory, regardless of delays caused by the assessee. The order of the Commissioner was quashed, and the assessee was granted interest from specific dates until payment or valid adjustment, with costs awarded in favor of the petitioner. en-us Fri, 09 Sep 1983 00:00:00 +0530 Tue, 16 Feb 2010 13:18:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27835 The court held that the liability to pay interest under section 34A(3) of the Wealth Tax Act, 1957 is absolute after six months from the Appellate Tribunal's order, irrespective of delays in quantification by the Wealth Tax Officer. Interest payment commences after the six-month period from the Tribunal's order, not upon quantification by the WTO. The court emphasized that the obligation to refund within six months is mandatory, regardless of delays caused by the assessee. The order of the Commissioner was quashed, and the assessee was granted interest from specific dates until payment or valid adjustment, with costs awarded in favor of the petitioner. Case-Laws Wealth-tax Fri, 09 Sep 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27835