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    <title>2025 (10) TMI 485 - BOMBAY HIGH COURT</title>
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    <description>HC allowed the petition and set aside the impugned order dated 9 Sept 2024, holding that claimants are entitled to statutory interest at 6% per annum on the delayed refund where refund was not made within 60 days of the order of the first/adjudicating authority. The court rejected any resistance to payment of 6% interest based on the appellate reversal of the rejection dated 14 Sept 2020, and noted the 9% rate applies only in the specific post-appellate scenarios not pleaded here.</description>
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      <link>https://www.taxtmi.com/caselaws?id=779689</link>
      <description>HC allowed the petition and set aside the impugned order dated 9 Sept 2024, holding that claimants are entitled to statutory interest at 6% per annum on the delayed refund where refund was not made within 60 days of the order of the first/adjudicating authority. The court rejected any resistance to payment of 6% interest based on the appellate reversal of the rejection dated 14 Sept 2020, and noted the 9% rate applies only in the specific post-appellate scenarios not pleaded here.</description>
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