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2021 (4) TMI 337 - AT - Income TaxInterest levied u/s. 234B and 234C on the revised book profit - CIT-A deleted the addition - AR submits that the AO ought not to have levied interest u/s. 234B and 234C of the Act as the same issue was decided by this Tribunal in the original assessment proceedings u/s. 143(3) of the Act in favour of the assessee - The Revenue challenged the same before the Hon’ble High Court of Bombay and there was no contrary order either by reversing or modifying the order of this Tribunal - HELD THAT:- CIT(A) rightly held the order of this Tribunal is holds the field today and supported the impugned order. We find force in the arguments of ld. AR the AO ought not to have levied interest as there was no order from Hon’ble High Court of Bombay reversing the finding of Tribunal, therefore, in our opinion, the finding rendered by the CIT(A) is justified. Therefore, we do not find any infirmity in the order of CIT(A). Accordingly, the grounds raised by the Revenue are dismissed. Appeal of Revenue is dismissed.
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