HELD by the High Court that unblocking is an internal mechanism and protocol of Revenue and hence it is the legal obligation and duty of the Revenue to make payment. Interest on refund has to be paid till the date of payment and not up to date of unblocking. (W.P. (C) Nos. 9126 ,9127 of 2017 dt. 04-01-2018)
Vodafone Mobile Services Limited .v. ACIT (2018) 253 Taxman 168 (Delhi )(HC).
S. 237 : Refunds – Revenue to ensure that unblocked amount is paid and credited to assessee’s account and interest on refund to be paid till the date of payment not up to date of unblocking.