https://www.taxtmi.com/caselaws?id=780605 HC upheld the Appellate Tribunal's award of delayed interest under Section 18(1)(a) as automatic where completion and possession dates were admitted, and dismissed all promoter appeals and the allottee's appeal. HC held the Tribunal properly exercised appellate/revisional powers and could appropriate deposits made under Section 43(5) toward adjudicated amounts; such deposits are refundable only if excess is shown and an application is made. The statutory interest calculation is a mechanical exercise not requiring separate adjudication; no substantial question of law warranted interference. en-us Thu, 04 Sep 2025 00:00:00 +0530 Mon, 03 Nov 2025 08:13:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780605 HC upheld the Appellate Tribunal's award of delayed interest under Section 18(1)(a) as automatic where completion and possession dates were admitted, and dismissed all promoter appeals and the allottee's appeal. HC held the Tribunal properly exercised appellate/revisional powers and could appropriate deposits made under Section 43(5) toward adjudicated amounts; such deposits are refundable only if excess is shown and an application is made. The statutory interest calculation is a mechanical exercise not requiring separate adjudication; no substantial question of law warranted interference. Case-Laws Indian Laws Thu, 04 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780605