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Simultaneous Penalties Possible Under Finance Act Sections 76 and 78 for Pre-May 10, 2008 Periods.

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Full Text of the Document

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....Penalty u/s 78 - Simultaneous penalty u/s 76 and 78 - penalties u/s. 76 and 78 of the Finance Act are simultaneously imposable upon a assessee for the period prior to 10.05.2008 - AT....

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