Interest on refund where no claim is needed - Section 244

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..... h such order is passed, the Central Government shall pay to the assessee simple interest at 15% per annum on the amount of refund due from the date immediately following the expiry of the period of three months aforesaid to the date on which the refund is granted. [ Section 244(1) ] Where the whole or any part of the refund referred to in sub-section (1) is due to the a .....

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..... cess, from the date on which such instalment was paid to the date on which the refund is granted. 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) sh .....

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