https://www.taxtmi.com/caselaws?id=466478 Form 5 certificate issued on 24.11.2021 created a mandatory 30 day period within which a consequential refund order should have been made; the consequential order issued nearly 23 months later. Section 7 of the Vivad Se Vishwas Act bars interest on amounts paid prior to a declaration, but does not protect revenue from liability for interest arising from post declaration delay. The court concluded that retention of the refund after expiry of the 30 day period converted the sum into a debt of the revenue and directed respondents to pay interest at 6% per annum for the period from 24.11.2021 to 29.11.2023. en-us Tue, 07 Jan 2025 00:00:00 +0530 Mon, 09 Feb 2026 21:21:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466478 Form 5 certificate issued on 24.11.2021 created a mandatory 30 day period within which a consequential refund order should have been made; the consequential order issued nearly 23 months later. Section 7 of the Vivad Se Vishwas Act bars interest on amounts paid prior to a declaration, but does not protect revenue from liability for interest arising from post declaration delay. The court concluded that retention of the refund after expiry of the 30 day period converted the sum into a debt of the revenue and directed respondents to pay interest at 6% per annum for the period from 24.11.2021 to 29.11.2023. Case-Laws Income Tax Tue, 07 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466478