2006 (12) TMI 419

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....the Appellant. None, for the Respondent. [Order]. -  Learned D.R. has submitted that the quantum of penalty as prescribed as law, is much less than the penalty that was imposed by the authorities below on the assessee/respondent-company. The minimum penalty as prescribed by law, according to him is Rs. 10,000/- (Rupees ten thousand). 2. None appeared for the respondent-compan....