811/CBDT.

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..... fter the specified date. Sub-section (8) of Section 139 lays down that- "... the assessee shall be liable to pay simple interest at twelve per cent per annum, reckoned from the day immediately following the specified date to the date of the furnishing of the return or, where no return has been furnished, the date of completion of the assessment under section 144...". 2. A question has arisen a .....

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