https://www.taxtmi.com/caselaws?id=442363 Payment under the Vivad Se Vishwas settlement was treated as excessive where the taxpayer's bank account was attached, so recovery of the excess paid is unjustified and must be refunded. The taxpayer remains liable to pay interest only on the admitted payable amount of Rs. 7,15,678 at 10%, calculated as Rs. 71,568, and that interest is to be appropriated before refunding the balance. The respondents are directed to refund the remaining amount of Rs. 9,32,536 within six weeks after appropriation of the interest. en-us Tue, 08 Aug 2023 00:00:00 +0530 Wed, 11 Feb 2026 12:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442363 Payment under the Vivad Se Vishwas settlement was treated as excessive where the taxpayer's bank account was attached, so recovery of the excess paid is unjustified and must be refunded. The taxpayer remains liable to pay interest only on the admitted payable amount of Rs. 7,15,678 at 10%, calculated as Rs. 71,568, and that interest is to be appropriated before refunding the balance. The respondents are directed to refund the remaining amount of Rs. 9,32,536 within six weeks after appropriation of the interest. Case-Laws Income Tax Tue, 08 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442363