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2007 (1) TMI 297 - AT - Income TaxExtract: .......g of such interest, in view of the decision of the Special Bench of the ITAT in the case of Motorola Inc. (supra) as well as the decision of Hon rsquo ble Supreme Court in the case of Kalyan Kumar Ray, interest is chargeable. The Assessing Officer shall charge interest on the basis of assessed income. 9. In the result, the appeal is partly allowed.
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