2003 (4) TMI 58

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....ding the respondents to pay interest to the petitioner on Rs. 13,78,111 at the rate of eight per cent. from January 1, 1986, up to February 8, 1999, and at the rate of 12 per cent. thereafter up to April 13, 2000, which is the date of the refund order. The version of the petitioner is that the assessment order was passed under section 58(3) of the Estate Duty Act, 1953, by order dated October 2....

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....ril 13, 2000. The petitioner is now claiming interest on the said amount, as aforesaid. We have heard Sri Malaya Kumar Shukla for the petitioner, and Sri A.N. Mahajan for the respondent. Learned counsel for the petitioner has submitted that the petitioner is entitled to the interest under section 64 of the Estate Duty Act and that the amount has not been paid, therefore, he is entitled to th....