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of <h1>Court Reviews Denial of Tax Refund Interest; Focus on Articles 226, 227 and Section 119(2)(b) of Income Tax Act.</h1> The case involves petitions against the Principal Commissioner of Income Tax's decision to deny interest on a tax refund despite condoning the delay in filing returns. The legal issues focus on Articles 226 and 227 of the Indian Constitution and Section 119(2)(b) of the Income Tax Act, 1961. The petitioners' delay was due to the Executive Engineer's failure to provide necessary tax documents. The Supreme Court precedent in Tata Chemicals emphasizes the state's obligation to refund money with interest. The court must consider fairness and taxpayer rights, especially when the delay isn't the taxpayer's fault, highlighting the need for clear administrative guidelines.
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