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1976 (4) TMI 111 - AT - Income TaxExtract: ....... C ) no interest income can accrue. Since the amounts remained unpaid pertain to payments under clause 14 ( C ), no interest income can accrue to the assessee. The order of the Appellate Asstt. Commissioner is confirmed. The point is answered in the negative and in favour of the assessee. 9. In the result, both the appeals fail and stand dismissed.
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