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    <title>2017 (3) TMI 486 - ALLAHABAD HIGH COURT</title>
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    <description>Where turnover and the applicable tax rate are admitted, and the only dispute concerns partial disallowance of a set-off claim under section 4-BB of the U.P. Trade Tax Act, the unpaid balance is treated as &quot;tax admittedly payable&quot; under the explanation to section 8(1). Interest is therefore chargeable under section 8(1) when no bona fide dispute survives on liability or rate, and the contrary view confining interest to section 8(1-B) is not sustainable.</description>
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      <link>https://www.taxtmi.com/caselaws?id=339983</link>
      <description>Where turnover and the applicable tax rate are admitted, and the only dispute concerns partial disallowance of a set-off claim under section 4-BB of the U.P. Trade Tax Act, the unpaid balance is treated as &quot;tax admittedly payable&quot; under the explanation to section 8(1). Interest is therefore chargeable under section 8(1) when no bona fide dispute survives on liability or rate, and the contrary view confining interest to section 8(1-B) is not sustainable.</description>
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      <pubDate>Tue, 07 Mar 2017 00:00:00 +0530</pubDate>
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