https://www.taxtmi.com/caselaws?id=438377 Delay in disbursement of budgetary support under an industrial incentive scheme did not by itself create a right to interest. The scheme treated the benefit as a concession to eligible units, not a claim enforceable as of right, and it contained no provision for interest on delayed release. Because the release was delayed due to an acute shortage of funds and there was no showing of deliberate or unauthorized withholding, interest was not payable. The governing principle is that interest on delayed release of a statutory or policy benefit can be awarded only where the scheme expressly allows it or the delay is unjustified and unauthorized. en-us Fri, 26 May 2023 00:00:00 +0530 Wed, 16 Apr 2025 14:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438377 Delay in disbursement of budgetary support under an industrial incentive scheme did not by itself create a right to interest. The scheme treated the benefit as a concession to eligible units, not a claim enforceable as of right, and it contained no provision for interest on delayed release. Because the release was delayed due to an acute shortage of funds and there was no showing of deliberate or unauthorized withholding, interest was not payable. The governing principle is that interest on delayed release of a statutory or policy benefit can be awarded only where the scheme expressly allows it or the delay is unjustified and unauthorized. Case-Laws GST Fri, 26 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438377