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The 2nd respondent shall compute the interest and communicate to the petitioner for the aforesaid period within a period of 30 days from date of receipt of a copy of this order. Petitioner shall pay the amount determined by the 2nd respondent within 15 days thereafter. In case, there is a failure on the part of the petitioner to pay an amount within the aforesaid period, the relief granted to the petitioner herein shall come to an endsine dieand the impugned order shall stand revived.

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Section 234A, 234B and 234C, of the Income-tax Act, 1961—Interest—SANMAC MOTOR FINANCE LTD. vs. CHIEF CIT.[2020] 22 ITCD Online 028 (MAD)

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