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Assessee Liable for Interest u/s 220(2) of Income Tax Act Due to 2003 Payment Default.

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Full Text of the Document

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....Interest u/s 220(2) - assessee was required to pay interest u/s 220(2) as it had not initially satisfied the demand raised in 2003 - interest on refund is to be charged from the date of grant of refund - AT....

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