registered sale deeds‖ together with 12% simple interest from the date
of such possession or acquisition till the date of execution of the Vesting
Order ... paid as per the
registered sale deeds together with 12% simple interest, under the latter,
compensation was to be fixed as per the Right
apparent that the interest was
payable in quarterly rests. This itself implies that compound interest was
to be paid and not simple interest.
3. Accepting ... question whether the interest can be
compounded, I find that the contractual terms did not
provide for compounding of interest. Only simple interest
was payable
respondent to the petitioner
(a) Gratuity amount ` 92,840/-
Simple interest @ 9% per annum with effect from
18.05.2005 to till date (7 years ... Fund ` 63,317/-
Simple interest @ 9% for 7 years = ` 39,889/-
-------------
Total (b) = ` 1,03,206/-
--------------
(c) Bonus for 2004-05 `. 2500
Simple interest
been paid till date, it must be paid with simple interest thereon @ 7 % per annum11. The resultant amount be paid to the petitioner within
sections 234A and
234B an assessee is held liable to pay simple interest at the
rate of one per cent for every month or part ... deferment
of advance tax, the assessee is held liable to pay simple
interest at the rate of one per cent per month and if there
sections 234A and
234B an assessee is held liable to pay simple interest at the
rate of one per cent for every month or part ... deferment
of advance tax, the assessee is held liable to pay simple
interest at the rate of one per cent per month and if there
sections 234A and
234B an assessee is held liable to pay simple interest at the
rate of one per cent for every month or part ... deferment
of advance tax, the assessee is held liable to pay simple
interest at the rate of one per cent per month and if there
sections 234A and
234B an assessee is held liable to pay simple interest at the
rate of one per cent for every month or part ... deferment
of advance tax, the assessee is held liable to pay simple
interest at the rate of one per cent per month and if there
sections 234A and
234B an assessee is held liable to pay simple interest at the
rate of one per cent for every month or part ... deferment
of advance tax, the assessee is held liable to pay simple
interest at the rate of one per cent per month and if there
sections 234A and
234B an assessee is held liable to pay simple interest at the
rate of one per cent for every month or part ... deferment
of advance tax, the assessee is held liable to pay simple
interest at the rate of one per cent per month and if there
