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    <title>1994 (12) TMI 235 - CEGAT, BOMBAY</title>
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    <description>Where dues are permitted to be paid in instalments under a court order, failure to pay the first instalment on time constitutes default at the threshold. On that basis, interest may be recovered on the entire outstanding amount in accordance with the order, and the debtor must either comply strictly with the stipulated terms or seek extension from the court. A later delay in paying the final instalment reinforces the applicability of interest on the unpaid balance. The challenge to the departmental recovery of interest therefore failed, and the recovery was sustained.</description>
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    <pubDate>Fri, 09 Dec 1994 00:00:00 +0530</pubDate>
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      <title>1994 (12) TMI 235 - CEGAT, BOMBAY</title>
      <link>https://www.taxtmi.com/caselaws?id=85139</link>
      <description>Where dues are permitted to be paid in instalments under a court order, failure to pay the first instalment on time constitutes default at the threshold. On that basis, interest may be recovered on the entire outstanding amount in accordance with the order, and the debtor must either comply strictly with the stipulated terms or seek extension from the court. A later delay in paying the final instalment reinforces the applicability of interest on the unpaid balance. The challenge to the departmental recovery of interest therefore failed, and the recovery was sustained.</description>
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      <pubDate>Fri, 09 Dec 1994 00:00:00 +0530</pubDate>
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