Reduction or waiver of interest.

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Full Text of the Document

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....985, No. 440 dated 15-11-85 and No. 441 dated 15-11-85, with a view to encouraging the assessees to file a higher and true return of income voluntarily for the current and earlier years and pay tax thereon by 31-3-1986. 2. Some of the return filed in pursuance of the aforesaid instructions may in the normal course attract the provisions relating to levy of interest under Section 139(8)/215 or 2....