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2008 (11) TMI 426 - AT - Income TaxExtract: .......of the Act with regard to charge of interest under sections 234B and 234C of the Act. Therefore, assessee rsquo s ground No. 1 is allowed and Assessing Officer is directed to give the assessee MAT credit available to it under law before charging interest under sections 234B and 234C of the Act. Result is that assessee rsquo s appeal stands allowed.
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