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    <title>2014 (11) TMI 1178 - KARNATAKA HIGH COURT</title>
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    <description>The High Court dismissed the revenue&#039;s appeal against the Tribunal&#039;s decision to delete the penalty imposed by the adjudicating authority. The Court found that the assessee had paid the tax before the show-cause notice was issued, in line with a voluntary disclosure scheme that waived interest and penalty for voluntary tax payment. Considering these factors, the Court upheld the Tribunal&#039;s decision, concluding that there was no justification to interfere with the deletion of the penalty.</description>
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      <description>The High Court dismissed the revenue&#039;s appeal against the Tribunal&#039;s decision to delete the penalty imposed by the adjudicating authority. The Court found that the assessee had paid the tax before the show-cause notice was issued, in line with a voluntary disclosure scheme that waived interest and penalty for voluntary tax payment. Considering these factors, the Court upheld the Tribunal&#039;s decision, concluding that there was no justification to interfere with the deletion of the penalty.</description>
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      <pubDate>Wed, 19 Nov 2014 00:00:00 +0530</pubDate>
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