https://www.taxtmi.com/acts?id=51982 Entitlement to simple interest on tax refunds is prescribed with monthly calculation from specified start dates depending on refund source; small refunds may be excluded. Interest for refunds following taxpayer applications runs from application date. Additional interest applies where refunds follow administrative or appellate orders, covering the post-assessment statutory period until refund, excluding periods when refunds are lawfully withheld or delayed by the taxpayer. Delays attributable to the taxpayer are excluded, disputed exclusions are finally decided by senior commissioners, and subsequent assessment adjustments increase or reduce interest accordingly. en-us Thu, 14 Aug 2025 18:26:37 +0530 Mon, 08 Sep 2025 13:19:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51982 Entitlement to simple interest on tax refunds is prescribed with monthly calculation from specified start dates depending on refund source; small refunds may be excluded. Interest for refunds following taxpayer applications runs from application date. Additional interest applies where refunds follow administrative or appellate orders, covering the post-assessment statutory period until refund, excluding periods when refunds are lawfully withheld or delayed by the taxpayer. Delays attributable to the taxpayer are excluded, disputed exclusions are finally decided by senior commissioners, and subsequent assessment adjustments increase or reduce interest accordingly. Act-Rules Income Tax Thu, 14 Aug 2025 18:26:37 +0530 https://www.taxtmi.com/acts?id=51982