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1985 (12) TMI 93 - AT - Income TaxExtract: .......inding, it is not necessary whether interest was to be allowed 12 per cent on the amount of Rs. 1,31,000. But had it been necessary we would not have confirmed the amount as determined by the CIT(A). As such, we set aside the order of the CIT(A), and restore that of the ITO for all the assessment years. 10. As a result, all the appeals are allowed.
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