2008 (6) TMI 446

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....hri U.H. Jadhav, JDR, for the Respondent. [Order]. - The appellants herein are aggrieved by the order of the Commissioner (Appeals) upholding penalties of Rs. 25,000/- and Rs. 50,000/- imposed upon the appellant-company, a full-fledged money changer, and its director respectively, on the ground that they issued blank travellers cheques to Shri Sanket Jakatdar, director of M/s. Sachin Travels....