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    <title>Power to waive penalty or fee or both.</title>
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    <description>The Government may, by notification, waive in part or full penalties referred to in sections 122, 123 or 125 and late fees referred to in section 47 for specified classes of taxpayers and under defined mitigating circumstances, on the recommendations of the Council.</description>
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      <description>The Government may, by notification, waive in part or full penalties referred to in sections 122, 123 or 125 and late fees referred to in section 47 for specified classes of taxpayers and under defined mitigating circumstances, on the recommendations of the Council.</description>
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