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    <title>2018 (1) TMI 812 - MADRAS HIGH COURT</title>
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    <description>The court allowed the writ petition, setting aside the order rejecting the waiver of interest under Sections 234B and 234C of the Income Tax Act for a non-resident company. The court held that the company was not liable to pay interest, emphasizing the relevance of previous judicial decisions and the delay caused by awaiting the Advance Ruling Authority&#039;s decision. The court concluded that the interest imposed was not justified, closing the connected Miscellaneous Petition.</description>
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      <description>The court allowed the writ petition, setting aside the order rejecting the waiver of interest under Sections 234B and 234C of the Income Tax Act for a non-resident company. The court held that the company was not liable to pay interest, emphasizing the relevance of previous judicial decisions and the delay caused by awaiting the Advance Ruling Authority&#039;s decision. The court concluded that the interest imposed was not justified, closing the connected Miscellaneous Petition.</description>
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