2010 (6) TMI 535

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.... Shri M.N. Bharathi, Advocate, for the Respondent. [Order per : Jyoti Balasundaram, Vice-President].  - For the reasons recorded below, we grant stay of operation of the impugned order and then proceed to deal with the appeal itself for final disposal with the consent of both sides. 2. The adjudicating authority had granted refund of Rs. 38 lakhs to the assessees herein against....