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2015 (9) TMI 995 - AT - Income TaxRectification of mistake - interest u/s. 220(2) and 234D of the Act had not been charged - CIT (Appeals) deleted the charge of interest u/s.220(2) - Held that:- CIT (Appeals) has cancelled the charging of interest by placing reliance on the decisions which are not germane to the issue under consideration. We are also of the view that the decision of the learned CIT (Appeals) appears to have been based on facts which have not been placed in the proper perspective before him. It is also seen that the learned CIT (Appeals) has not dealt with and adjudicated on the specific grounds related to the issue raised before him. In view of all of the above, in our considered view, we feel that it would be in the fitness of things to remand the matter back to the file of the CIT (Appeals) to examine the issue afresh after affording the assessee adequate opportunity of being heard and make submissions and file details required in this regard. It is ordered accordingly. - Decided in favour of revenue for statistical purposes
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