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2014 (8) TMI 38 - HC - Income TaxKar Vivad Samadhan Scheme u/s 90 Addition of interest u/s 220(2) for settlement of dispute Held that:- The designated authority is within his powers in adding up the interest though not quantified at earlier point of time while processing the application under the Scheme as the levy of interest is terminable to the date of payment, which date in the case of KVSS is 31.03.1998 - the interest has been added only upto 31.03.1998 for the purpose of computation and thereafter by giving necessary deduction as envisaged in the Act, the order has been passed there was no reason to interfere with the demands which have been issued and interest being the natural corollary in terms of the provisions as existing then, there was no infirmity in the orders of the designated authority in including the interest for the period 1988-89, 1989-90 and 1991- 92 while processing the declaration under the Scheme Decided against Assesee.
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