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    <title>2024 (2) TMI 970 - MADRAS HIGH COURT</title>
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    <description>The HC set aside the impugned order in Form SVLDRS-3 calculating tax relief under Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019. The court held that amounts paid under Service Tax Voluntary Compliance Encouragement Scheme, 2013 and subsequent deposits totaling Rs. 14,34,49,887/- must be deducted under Section 124(2). The petitioner was directed to pay only Rs. 1,43,99,769/- with 12% interest from 29.03.2020, not Rs. 7,23,47,343/- as originally calculated. The case was remitted back to the first respondent for issuing necessary forms. Petition allowed.</description>
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    <pubDate>Thu, 18 Jan 2024 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=449819</link>
      <description>The HC set aside the impugned order in Form SVLDRS-3 calculating tax relief under Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019. The court held that amounts paid under Service Tax Voluntary Compliance Encouragement Scheme, 2013 and subsequent deposits totaling Rs. 14,34,49,887/- must be deducted under Section 124(2). The petitioner was directed to pay only Rs. 1,43,99,769/- with 12% interest from 29.03.2020, not Rs. 7,23,47,343/- as originally calculated. The case was remitted back to the first respondent for issuing necessary forms. Petition allowed.</description>
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      <pubDate>Thu, 18 Jan 2024 00:00:00 +0530</pubDate>
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