Application rejected by SetCom on short payment tax not justified as there was computational diff.: Madras HC

INCOME TAX : Where Settlement Commission had rejected application of petitioner for assessment years (AY) 2011-12 to 2017-18 as 'invalid', on ground that there was short payment of tax, since there were computational differences that could well be reason for remittances falling short of required amounts and differences were quite insignificant in context of entirety of payment made, in interests of justice, petitioner's case should be considered on merits by Commission

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