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    <title>1997 (4) TMI 494 - ALLAHABAD HIGH COURT</title>
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    <description>The Allahabad HC dismissed two revision petitions by the Commissioner of Trade Tax, ruling that no interest was payable on the demand of additional tax under section 22 of the U.P. Trade Tax Act for assessment years 1989-90 and 1988-89. The court concurred with the Tribunal&#039;s decision that interest is not chargeable in cases of bona fide disputes regarding the levy of additional tax. Interest is only payable on tax amounts acknowledged as due, not on disputed additional tax.</description>
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    <pubDate>Tue, 08 Apr 1997 00:00:00 +0530</pubDate>
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      <title>1997 (4) TMI 494 - ALLAHABAD HIGH COURT</title>
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      <description>The Allahabad HC dismissed two revision petitions by the Commissioner of Trade Tax, ruling that no interest was payable on the demand of additional tax under section 22 of the U.P. Trade Tax Act for assessment years 1989-90 and 1988-89. The court concurred with the Tribunal&#039;s decision that interest is not chargeable in cases of bona fide disputes regarding the levy of additional tax. Interest is only payable on tax amounts acknowledged as due, not on disputed additional tax.</description>
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      <pubDate>Tue, 08 Apr 1997 00:00:00 +0530</pubDate>
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