Just a moment...

Top
Help
Upgrade to AI Search

We've upgraded AI Search on TaxTMI with two powerful modes:

1. Basic
Quick overview summary answering your query with referencesCategory-wise results to explore all relevant documents on TaxTMI

2. Advanced
• Includes everything in Basic
Detailed report covering:
     -   Overview Summary
     -   Governing Provisions [Acts, Notifications, Circulars]
     -   Relevant Case Laws
     -   Tariff / Classification / HSN
     -   Expert views from TaxTMI
     -   Practical Guidance with immediate steps and dispute strategy

• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.Help Us Improve - by giving the rating with each AI Result:

Explore AI Search

Powered by Weblekha - Building Scalable Websites

×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

2019 (11) TMI 946

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ni and Mr. S. Kamat, Advocates for the Petitioner. Mr. D. Pangam, Advocate General with Ms. Maria Simone Judith Correia, Addl. Government Advocate for the Respondents. ORAL JUDGMENT ( Per M. S. Sonak, J) Affidavit in reply on behalf of the Respondents is taken on record. 2. Heard Mr. Y. Nadkarni, learned counsel for the Petitioner and Mr. D. Pangam, learned Advocate General alongwith Ms. M. Co....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....aches. However, we make it clear that this aspect can always been taken into consideration at the stage of moulding of relief, if at the stage of final hearing we are satisfied that some final relief is due to the petitioner."   4. The issue of actual entitlement of interest stands covered by our judgment and order dated 16th October, 2019 in Writ Petition No.424 of 2018. In terms thereof, t....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....stands resolved. He points out that this statement is also without prejudice to the right of the State to consider challenging the judgment and order dated 16th October, 2019 in Writ Petition No.424 of 2018. He submits that in such circumstances, the Petitioner cannot claim any further interest on the interest amount. He also submits that this petition is in fact barred by delay and laches and if ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....was instituted on 2nd August, 2019. 8. Taking into consideration all the aforesaid circumstances, the Petitioner's claim for interest at the rate of 12% per annum certainly cannot be accepted. So also, the Petitioner cannot insist for interest at the rate of 8% per annum, which is otherwise statutory prescribed rate of interest in terms of the said Act. Upon cumulative consideration of all th....