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1996 (5) TMI 7 - MADHYA PRADESH HIGH COURTExtract: .......33-D(XXV-24) of 1965 of the Central Board of Direct Taxes broadly accords with this view in so far as the quantification of interest for purposes of section 40(b) is concerned. In the light of this decision of the Supreme Court, the view taken by the Tribunal is correct and we answer this reference in favour of the assessee and against the Revenue.
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