2008 (11) TMI 589

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....spondent. ORDER In terms of the impugned order, the appellants are required to pre-deposit the following amounts:- (i) Penalty of Rs. 2,73,51,424.45 under Section 78 of the Finance Act. (ii) Penalty of Rs. 100/- per day under Section 76 of the Act. 2. The learned Chartered Accountant who appeared for the appellants informed the Bench that the matter relates to the processing of MICR Cheques. ....