https://www.taxtmi.com/caselaws?id=43251 Money retained by the State without authority of law may attract interest as equitable compensation under Article 226, even after later refund, because the issue is deprivation of use of money rather than statutory entitlement alone. The reference to the Interest Act, 1978 was treated as illustrative, not exhaustive. However, where the department refunds the amount without forcing litigation, a reasonable administrative period may be allowed before interest starts to run. Interest was therefore confined to the expiry of four months from each payment, at 12% per annum thereafter until repayment. en-us Wed, 18 Mar 1992 00:00:00 +0530 Thu, 17 Jun 2010 10:19:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43251 Money retained by the State without authority of law may attract interest as equitable compensation under Article 226, even after later refund, because the issue is deprivation of use of money rather than statutory entitlement alone. The reference to the Interest Act, 1978 was treated as illustrative, not exhaustive. However, where the department refunds the amount without forcing litigation, a reasonable administrative period may be allowed before interest starts to run. Interest was therefore confined to the expiry of four months from each payment, at 12% per annum thereafter until repayment. Case-Laws Central Excise Wed, 18 Mar 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43251