https://www.taxtmi.com/caselaws?id=762687 Interest on refunded amounts was maintained at 9% per annum because the remaining complainants were similarly placed to others whose claims had already been settled on that basis, and no separate ground justified enhancement to 12% per annum. The amount payable was also treated as compensation for mental agony and harassment, so it was held not liable to tax deduction at source. The appeals were disposed of accordingly, with limited relief confined to maintaining the existing interest rate and requiring payment without TDS deduction. en-us Thu, 28 Nov 2024 00:00:00 +0530 Thu, 05 Dec 2024 21:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762687 Interest on refunded amounts was maintained at 9% per annum because the remaining complainants were similarly placed to others whose claims had already been settled on that basis, and no separate ground justified enhancement to 12% per annum. The amount payable was also treated as compensation for mental agony and harassment, so it was held not liable to tax deduction at source. The appeals were disposed of accordingly, with limited relief confined to maintaining the existing interest rate and requiring payment without TDS deduction. Case-Laws Indian Laws Thu, 28 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762687