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    <title>2025 (3) TMI 152 - GUJARAT HIGH COURT</title>
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    <description>Gujarat HC ruled that petitioner was entitled to interest on delayed refund payment under Direct Tax Vivad Se Vishwas Act 2020. Despite petitioner not being entitled to interest under Section 244A of Income Tax Act 1961, the court held that once the application was approved and refund order passed under the scheme, petitioner became entitled to interest until payment. Court directed respondents to pay interest at 6% per annum amounting to Rs.22,04,104 for twenty months delay, payable within three months.</description>
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    <pubDate>Mon, 24 Feb 2025 00:00:00 +0530</pubDate>
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      <title>2025 (3) TMI 152 - GUJARAT HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=766767</link>
      <description>Gujarat HC ruled that petitioner was entitled to interest on delayed refund payment under Direct Tax Vivad Se Vishwas Act 2020. Despite petitioner not being entitled to interest under Section 244A of Income Tax Act 1961, the court held that once the application was approved and refund order passed under the scheme, petitioner became entitled to interest until payment. Court directed respondents to pay interest at 6% per annum amounting to Rs.22,04,104 for twenty months delay, payable within three months.</description>
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      <pubDate>Mon, 24 Feb 2025 00:00:00 +0530</pubDate>
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