https://www.taxtmi.com/caselaws?id=751676 Interest on delayed statutory refund accrues after the expiry of the prescribed ninety-day waiting period from the refund claim, but only delay attributable to the claimant can be excluded. The Court applied the limitation principle governing interest on money due and held that the claim was recoverable only for the period legally within limitation when the petition was filed. As interest on continued non-payment accrues month by month, the petitioner was entitled only to interest for the three years immediately preceding the petition until refund was disbursed. en-us Wed, 10 Apr 2024 00:00:00 +0530 Tue, 23 Apr 2024 09:11:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751676 Interest on delayed statutory refund accrues after the expiry of the prescribed ninety-day waiting period from the refund claim, but only delay attributable to the claimant can be excluded. The Court applied the limitation principle governing interest on money due and held that the claim was recoverable only for the period legally within limitation when the petition was filed. As interest on continued non-payment accrues month by month, the petitioner was entitled only to interest for the three years immediately preceding the petition until refund was disbursed. Case-Laws VAT and Sales Tax Wed, 10 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751676