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2006 (5) TMI 506 - AT - Income TaxExtract: ....... Act. Charging of interest is only consequential as per the first proviso to section 220(2) and therefore, the Assessing Officer is directed to recalculate such interest. 51. In the result, the Departmental appeals in ITA Nos. 1517 & 1518/M/02 are dismissed and the assessee’s appeals in ITA Nos. 4398 & 4399/Mum./97 are partly allowed.
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