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    <title>2005 (7) TMI 581 - ITAT CHENNAI</title>
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    <description>The Tribunal set aside the lower authority&#039;s decision regarding the assessee&#039;s status as an assessee-in-default and the interest levy under Section 201(1A). The matter was remanded to the Assessing Officer for recomputation of interest from the date the tax was deductible until the actual payment date by IAAI. All appeals by the assessee were partly allowed, with no order as to costs.</description>
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      <description>The Tribunal set aside the lower authority&#039;s decision regarding the assessee&#039;s status as an assessee-in-default and the interest levy under Section 201(1A). The matter was remanded to the Assessing Officer for recomputation of interest from the date the tax was deductible until the actual payment date by IAAI. All appeals by the assessee were partly allowed, with no order as to costs.</description>
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