Interest on refund where no claim is needed

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...., the Central Government shall pay to the assessee simple interest at 3[fifteen] per cent per annum on the amount of refund due from the date immediately following the expiry of the period of 4[three] months aforesaid to the date on which the refund is granted. 5[(1A) Where the whole or any part of the refund referred to in sub-section (1) is due to the assessee, as a result of any amount having ....

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....t was paid to the date on which the refund is granted : Provided further that no interest under this sub-section shall be payable for a period of one month from the date of the passing of the order in appeal or other proceeding : Provided also that where any interest is payable to an assessee under this sub-section, no interest under sub-section (1) shall be payable to him in respect of the amou....

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.... it was read as, "Income-tax" 2. Substituted vide Section 43 of the Taxation Laws (Amendment) Act, 1970 w.e.f. 01-04-1971 before it was read as, "six months from the date of such order" 3. Substituted vide Section 24 of the Taxation Laws (Amendment) Act, 1984 w.e.f. 01-10-1984 before it was read as, "twelve" [Section 84 of the Taxation Laws (Amendment....