9911796707
TMI Blog2024 (8) TMI 182X X X X Extracts X X X X X X X X Extracts X X X X ..... eceived only on 8th June 2022 and, therefore, interest is payable up to and including 8th June 2022 - HELD THAT:- Respondents-Revenue states he has received instructions to make a statement that the interest will be paid, but the department needs two months to make said payment. In our view, that is a most audacious request the department could make because this interest also is being paid in view ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... : 1. Counsel for Petitioner states after the petition was filed, Petitioner has received a refund of Rs.8,68,96,030/- which comprises of interest from 1st April 2020 to 22nd October 2021 amounting to Rs.75,38,925/-. Petitioner is tendering additional affidavit of one Vijay Agarwal affirmed on 22nd November 2023. Registry to take the affidavit on record. 2. It is stated in the additional affidavit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the delay by the department. As noted time and again in various matters, the officers do not realize that it is a public money that is used to pay interest and an effort should be made to save this public money. 3. In the circumstances, interest shall be calculated upto 1st March 2024 and we direct Respondents to pay the balance interest on or before 1st March 2024. It is made clear that failure t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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