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2000 (1) TMI 36 - CALCUTTA HIGH COURTExtract: .......r disallowing 15 per cent. interest payable on the deposit made by the director, Shri Lohia. In the result, we answer the question in the negative, that is, in favour of the Revenue and against the assessee. The application is, accordingly, disposed of. All parties are to act on a xeroxed signed copy of this dictated order on the usual undertaking.
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