TMI BlogDemand of interest - additional demand of tax due to denial of ITC where credit notes issued by the...Demand of interest - additional demand of tax due to denial of ITC where credit notes issued by the party - The law does not envisage assessee to predict final assessment and expecting to pay tax on that basis to avoid the liability to pay interest - demand of interest and recovery thereof is unsustainable in law - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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