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Rate of interest on refund

This query is : Resolved 
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(Querist)
29 October 2010 Block Assessment 1997 was completed in 2004-05, our refund of 16,75,000 of AY 1997-98 was considered as tax liability by commissioner Appeals.

We went into appeal to ITAT and order was in our favour on Aug 2009.

Till date we have not received our refund so @ what rate we will receive interest on 16,75,000.
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
29 October 2010 As per Sec 244 A - 1.5% every month.
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
02 January 2011 The rate of Interest is One half Percent i.e. 0.5% per month.
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