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High Court Remands Case to CIT for Reconsideration of Penalty Waiver u/ss 271(1)(a) and 273(2)(c) of IT Act.

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....Waiver/ reduction of penalty u/s 273A - poser of commissioner to reduce or waive penalty imposed under sections 271(1)(a) and 273(2(c) - CIT rejected the application - matter remanded back to CIT - HC....

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