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    <title>2018 (10) TMI 868 - BOMBAY HIGH COURT</title>
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    <description>The court determined that no tax demand existed for Respondent No.2 Trust as there were no pending assessments. Since mandamus could not be sought regarding the Trusts, the court advised seeking directions from the Competent Court for fund disbursement. The Petition was disposed of based on the Income Tax Department&#039;s stance, granting liberty to take actions against other respondents in the appropriate forum. The judgment emphasized the importance of following legal procedures for tax assessments and fund disbursement issues.</description>
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      <description>The court determined that no tax demand existed for Respondent No.2 Trust as there were no pending assessments. Since mandamus could not be sought regarding the Trusts, the court advised seeking directions from the Competent Court for fund disbursement. The Petition was disposed of based on the Income Tax Department&#039;s stance, granting liberty to take actions against other respondents in the appropriate forum. The judgment emphasized the importance of following legal procedures for tax assessments and fund disbursement issues.</description>
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