https://www.taxtmi.com/caselaws?id=36091 Interest on refund under the proviso to Section 66(7) of the Indian Income-tax Act, 1922 was confined to the assessment year that was actually the subject of the High Court reference, and the refund had to arise as a result of that reference. The right to interest could not be extended to another assessment year merely because the same legal principle was later applied there. As no reference had been made for assessment year 1943-44, the statutory condition for interest was absent, and interest was not payable for that year. en-us Thu, 14 Aug 1980 00:00:00 +0530 Fri, 19 Mar 2010 12:41:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36091 Interest on refund under the proviso to Section 66(7) of the Indian Income-tax Act, 1922 was confined to the assessment year that was actually the subject of the High Court reference, and the refund had to arise as a result of that reference. The right to interest could not be extended to another assessment year merely because the same legal principle was later applied there. As no reference had been made for assessment year 1943-44, the statutory condition for interest was absent, and interest was not payable for that year. Case-Laws Income Tax Thu, 14 Aug 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36091