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Court Permits Company to Pay Rs. 99 Lakhs Tax Arrears in Installments, Balancing Recovery with Business Continuity.

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....Recovery of arrears of taxes - grant of facility of payment by installments defaulted - it appears that the liability is around ₹ 99.00 lakhs according to the Department. There are 100 people working in the Company. Therefore, while it is necessary to recover the tax arrears, it is also necessary to keep the Industry alive - Writ Petition is disposed of granting the facility of payment in installments....

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