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    <title>2015 (2) TMI 1378 - MADRAS HIGH COURT</title>
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    <description>The Court granted an interim stay on the circular issued by the State Bank of India regarding officers/employees&#039; entitlement to visit overseas countries/centres as part of LTC/HTC. It clarified that the LTC amount paid pursuant to interim orders should not be considered taxable income for tax deduction at source by the Bank. The writ petition was set for final disposal on 15.06.2015, with the interim order remaining in effect until then.</description>
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      <description>The Court granted an interim stay on the circular issued by the State Bank of India regarding officers/employees&#039; entitlement to visit overseas countries/centres as part of LTC/HTC. It clarified that the LTC amount paid pursuant to interim orders should not be considered taxable income for tax deduction at source by the Bank. The writ petition was set for final disposal on 15.06.2015, with the interim order remaining in effect until then.</description>
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