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1987 (10) TMI 127 - ITAT NAGPURExtract: .......(a) and not levy of interest under s. 139(8) of the IT Act, 1961. Accordingly we hold that the CIT(A) was not justified in cancelling the interest levied by the ITO under s. 139(8) of the IT Act. 1961 for the asst. yr. 1973-74. Accordingly, we reverse the order of the CIT(A) and restore the order of the ITO. 8. In the result, the appeal is allowed.
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