https://www.taxtmi.com/caselaws?id=797260 Statutory interest on a delayed refund remains payable after the principal refund has been released. Clearance of the principal amount resolves only the refund claim, while the ascertainable release date enables quantification of interest under the applicable refund rule. The interest must therefore be calculated and released to the assessee. en-us Wed, 24 Jun 2026 00:00:00 +0530 Thu, 20 Aug 2026 08:14:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797260 Statutory interest on a delayed refund remains payable after the principal refund has been released. Clearance of the principal amount resolves only the refund claim, while the ascertainable release date enables quantification of interest under the applicable refund rule. The interest must therefore be calculated and released to the assessee. Case-Laws VAT / Sales Tax Wed, 24 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797260