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2006 (8) TMI 482 - AT - Wealth-taxExtract: .......ed to file the return ending on the date of completion of reassessment proceedings. Accordingly, Assessing Officer is directed to recalculate the interest chargeable under section 17B on the applicable rates of interest chargeable during the period of default. 22. In the result, the appeals filed by the assessee are allowed for statistical purpose.
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