The aaassessee settled the dispute under the Vivad Se Viswas Act . The assessee claimed interest on amount paid by the legal heirs . On writ the aassessee contended that money was retained without right hence the assessee is entitle for refund with interest . Allowing the petition the Court directed the Revenue to grant interest @ 5 % to be paid along with refund for delay beyond 90 days . ( WP ( C) 1985 / 2022 & C.M. No. 5715 / 2022 dt . 23 -8- 2022)
Anjul ( Mrs ) v .PCIT (2022) The Chamber’s Journal – September – P. 124( Delhi )(HC)
Direct Tax Vivad Se Vishwas Act , 2020
S.7: No refund of amount paid – Refund – Interest @ 5 % to be paid along with refund for delay beyond 90 days [S.3, 4, Art , 226 ]