https://www.taxtmi.com/caselaws?id=753193 Interest on the tax demand arising from the revised liability under the Telecom Policy period was waived in favour of the assessees. The order notes that the earlier judgment had changed the legal position, so the demand for the relevant period had to be met by the assessees, but relief was granted on the interest component because of the commencement of the Telecom Policy in 1999 and the lapse of time in litigation. The order further states that the relief was confined to the peculiar facts of the matter and was not intended to serve as a precedent. en-us Fri, 17 May 2024 00:00:00 +0530 Mon, 27 May 2024 21:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753193 Interest on the tax demand arising from the revised liability under the Telecom Policy period was waived in favour of the assessees. The order notes that the earlier judgment had changed the legal position, so the demand for the relevant period had to be met by the assessees, but relief was granted on the interest component because of the commencement of the Telecom Policy in 1999 and the lapse of time in litigation. The order further states that the relief was confined to the peculiar facts of the matter and was not intended to serve as a precedent. Case-Laws Income Tax Fri, 17 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753193