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1994 (11) TMI 178 - AT - Income TaxExtract: .......were placed on temporary deposits to earn interest. 2. That the CIT(A) erred on facts and circumstances of the case and in law in confirming levy of interest under s. 217 of the IT Act. 8. During the course of hearing, the Authorised Representative for the assessee has withdrawn the appeal. The same is allowed to be withdrawn and dismissed as such.
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