2023 (11) TMI 251 - SCH - VAT and Sales Tax

Interest on refund - relevant period - interest for the period commencing from the date when two months elapsed which in turn would commence from the date when the return was filed , and running till the date when the refund was paid, or not - It was held by Delhi High Court that In the instant matter, since the revised return was filed on 10.07.2015, the refund in terms of Section 38(3)(a)(ii) of the 2004 Act accrued in favour of the assessee on 10.09.2015. HELD THAT - There are no requirement to interfere with the judgment and order(s) impugned in these petitions. The Special Leave Petitions are dismissed.

Summary

The Supreme Court dismissed the Special Leave Petitions without interference in the impugned judgment and orders due to the peculiar facts of the case. Delay was condoned, and pending applications were disposed of.