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of <h1>Supreme Court Upholds High Court Ruling Allowing Corporate Tax Payment in Instalments Due to Financial Hardship.</h1> The article analyzes a series of legal judgments regarding a corporate entity's request to pay income tax in instalments due to financial distress. Initially, a High Court allowed the entity to pay its tax liability in 20 instalments, acknowledging its financial difficulties and reduced income from ceased operations. The Supreme Court later upheld this decision, emphasizing judicial flexibility and the importance of balancing taxpayer hardships with tax collection. These rulings underscore the need for tax authorities to adapt to taxpayers' financial situations, setting a precedent for handling similar future cases and promoting fairness in tax administration.
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