Refunds due to the assessee are bound to be made with interest even if the issue on the basis of which the refund is due is not settled and is pending before the Supreme Court. However, the refund will be subject to the orders of the Supreme Court.(AY. 1996-1997-2016-2017)
Amadeus IT Group SA v. ACIT (2022) 325 CTR 246 / 210 DTR 78( Delhi)(HC)
S. 237: Refunds- Refunds due but issue pending appeal in the Apex Court- Refund allowed.[S.240, Art , 226 ]