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Income Tax Officer vs Ekta Promoters (P) Ltd. on 11 July, 2008

11. We have carefully considered the submissions of the rival parties and perused the material available on record. We find that the issue of levy of interest u/s.234D of the Act is covered in favour of the assessee by the decision of the Special Bench of the Tribunal in ITO vs. Ekta Promoters P. Ltd. (2008) 305 ITR (AT) 1(Del.)(SB) wherein it has been held (page-33 ):
Income Tax Appellate Tribunal - Delhi Cites 73 - Cited by 108 - Full Document
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