TIOL-DDT 718 · Friday, 12 October 2007 · story 1 of 7

Compounded Levy -Does Rule 96ZO/ZP survive even after omission of section 3A? - CESTAT LB order stayed - High Court

The Madras High Court has day before yesterday stayed the Larger Bench decision which we reported last month. Repeal, omission, validity etc, are all back in action and the issue as we commented is no more within a compound. TIOL is proud to maintain its record and brings you the case today.

Yesterday a kind netizen wrote to us, "I am sorry that I cannot conceal my pleasure over performance of Taxindiaonline."

And I really couldn't resist the temptation of using this. Excuse me.

See our Breaking News for the story and case.