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2009 (8) TMI 1276 - ITAT MUMBAIExtract: .......see before us has paid taxes as part of instalments due after the date of sale of asset and as such is not in default as stipulated under Section 234C of the Act. Thus, no interest is chargeable under Section 234C of the Act. Thus, the ground of appeal raised by the Assessee is allowed. 9. In the result, the appeal filed by the Assessee is allowed.
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