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    <title>1992 (2) TMI 27 - High Court</title>
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    <description>A pending waiver application for interest under section 217 of the Income-tax Act was required to be decided within a fixed time, and the assessee was protected from recovery meanwhile. The High Court did not examine the merits of the challenge to the vacating of the interim stay, but directed the authority to decide the waiver application within three months of service of the order. Recovery of the impugned interest was restrained until that decision, or for three months, whichever was earlier.</description>
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      <description>A pending waiver application for interest under section 217 of the Income-tax Act was required to be decided within a fixed time, and the assessee was protected from recovery meanwhile. The High Court did not examine the merits of the challenge to the vacating of the interim stay, but directed the authority to decide the waiver application within three months of service of the order. Recovery of the impugned interest was restrained until that decision, or for three months, whichever was earlier.</description>
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      <pubDate>Thu, 27 Feb 1992 00:00:00 +0530</pubDate>
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