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    <title>2017 (8) TMI 128 - MADRAS HIGH COURT</title>
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    <description>The Court allowed the Writ Petition, setting aside the order under Section 264 of the Income Tax Act and remanding the matter for fresh consideration under Section 220(2A). An interim stay was granted, contingent on the petitioner paying 30% of the interest demanded under Section 220(2). The petitioner&#039;s compliance was confirmed, with any payments subject to the first respondent&#039;s new orders. No costs were awarded, and the case was closed.</description>
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      <link>https://www.taxtmi.com/caselaws?id=346070</link>
      <description>The Court allowed the Writ Petition, setting aside the order under Section 264 of the Income Tax Act and remanding the matter for fresh consideration under Section 220(2A). An interim stay was granted, contingent on the petitioner paying 30% of the interest demanded under Section 220(2). The petitioner&#039;s compliance was confirmed, with any payments subject to the first respondent&#039;s new orders. No costs were awarded, and the case was closed.</description>
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