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2012 (8) TMI 260 - ITAT CHANDIGARHWhether AO was justified in withdrawing the interest already allowed u/s 244A in proceedings u/s 154 of the Income-tax Act – Held that:- Appellant had been allowed interest u/s 244A of the Act on certain amount which was ultimately recovered from the appellant. The appellant is not disputing that position. Therefore, withdrawing interest allowed u/s 244A on this amount is just recovering from the appellant what had been wrongly given to it earlier. This is no case could be termed as penalizing the appellant - CO of the assessee is dismissed.
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