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2007 (8) TMI 335 - PUNJAB AND HARYANA HIGH COURTInterest in view of amendment in section 139(8) w.e.f. AY 1985-86 – AY year in question 1976-77 – assessee received enhanced compensation and interest on account of compulsory acquisition – consequently assessment was reopened u/s 147 and notice was issued u/s 148 – AO levied interest on enhanced tax in view of amendment u/s 139(8) – Held that amendment was applicable from 1985-86 and subsequent years – Interest for the AY 1976-77 is not valid.
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