Interest u/s 220(2) of Income - Tax Act, 1961.

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....arges for charging interest u/s 220(2) for the period before and after the issue of a Tax Recovery certificate. The Board desire that the following procedure should be followed in all the charges: (a) The I.T. Officer should charge the interest u/s 220(2) upto the date of the issue of recovery certificate and the TRO should charge the interest for the subsequent period. Where any revision or re....