Course of action for charging interest u/s216.

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....d: February 18, 1987 Section(s) Referred: 216 Statute: Income - Tax Act, 1961 It has come to the notice of the Board that inspite of Board's Instruction No. 1311 (F.No. 400/58/78-ITCC) dated ....

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....llate Authorities are able to appreciate the issue involved in the case better. In this connection, it is emphasised that before charging interest under section 216, the assessing officers should affo....