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    <title>2006 (8) TMI 15 - Supreme Court</title>
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    <description>The Supreme Court allowed the appeals against the Tribunal&#039;s order, remanding the case for a fresh determination on the limitation and penalty issues. The Court found discrepancies in the assessment of the limitation period and emphasized the necessity for clear allegations in penalty cases under Section 11AC. The parties were directed to bear their own costs, and no new evidence would be admitted during the reconsideration.</description>
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      <title>2006 (8) TMI 15 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=698</link>
      <description>The Supreme Court allowed the appeals against the Tribunal&#039;s order, remanding the case for a fresh determination on the limitation and penalty issues. The Court found discrepancies in the assessment of the limitation period and emphasized the necessity for clear allegations in penalty cases under Section 11AC. The parties were directed to bear their own costs, and no new evidence would be admitted during the reconsideration.</description>
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