𝗖𝗘𝗦𝗧𝗔𝗧 𝗔𝗵𝗺𝗲𝗱𝗮𝗯𝗮𝗱: 𝗡𝗼 𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁 𝗼𝗻 𝗣𝗿𝗲–𝗱𝗲𝗽𝗼𝘀𝗶𝘁 𝗠𝗮𝗱𝗲 𝗶𝗻 𝗜𝗻𝗾𝘂𝗶𝗿𝘆 𝗮𝗻𝗱 𝗜𝗻𝘃𝗲𝘀𝘁𝗶𝗴𝗮𝘁𝗶𝗼𝗻 𝗕𝗲𝗳𝗼𝗿𝗲 2014 📢 𝗧𝗵𝗲 𝗧𝗿𝗶𝗯𝘂𝗻𝗮𝗹 𝗵𝗲𝗹𝗱: Pre-deposit made in 2007 isn't eligible for interest, as 2014 provisions apply only to post-amendment deposits. Appeal dismissed.

🔍 𝗙𝗮𝗰𝘁𝘀: 𝗔𝗽𝗽𝗲𝗹𝗹𝗮𝗻𝘁: Ishwar Construction Company 𝗜𝘀𝘀𝘂𝗲: Whether the appellant is entitled to interest on the refund of pre-deposit made in 2007?

🔑 𝗝𝘂𝗱𝗴𝗲𝗺𝗲𝗻𝘁: The Tribunal ruled that since the ₹25 Lakh pre-deposit was made in 2007, before the 2014 amendment to Sections 35F/35FF, interest was not applicable. The Circular issued in 2014, allowing interest on refunds, applied only to deposits made after the amendments, and thus, the interest claim was denied.

📜 𝗖𝗮𝘀𝗲 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻: 𝗧𝗶𝘁𝗹𝗲: Ishwar Construction Company Vs C.C.E.-Kutch (Gandhidham) 𝗢𝗿𝗱𝗲𝗿 𝗗𝗮𝘁𝗲: 09 February 2023 📜 No interest on pre-deposits made in 2007; 2014 Circular applies only to deposits post-amendment, not appellant's case.