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2010 (10) TMI 172 - ALLAHABAD HIGH COURTInterest - The interest has been charged on the ground that the petitioner has not deposited advance tax as required under section 44 AC of the Act - In the light of the law laid down by the Hon'ble Apex Court in the case of Sanyasi Rao, the liability of the tax was much less than advance tax ought to have been deposited under section 44AC - Therefore the petitioner was entitled for the waiver of the interest and this aspect of the matter has not been considered by the respondent while disposing of the application for the waiver - The writ petition is, accordingly, disposed of
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