2012 (6) TMI 766

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....DER :- The order of the court was made by C.N. RAMACHANDRAN NAIR J.--Heard senior counsel Sri A.K. Jayasankar Nambiar who appeared for the review petitioners and also special Government for the respondents. The review petitions are filed to review the judgment for the reason that liability under section 7(1)(a), i.e., payment of tax at compounded rates should be with reference to the preceding y....