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Interest u/s 220(2)

This query is : Resolved 
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(Querist)
07 February 2012 Can interest charged u/s 220(2) be recovered as demand when matter is in appeal?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
08 February 2012 Non payment of interest leads the assessee 'deemed in default' and recovery proceedings can be initiated ,unless there is a stay, while the appeal is pending.
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