2015 (7) TMI 30

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....R Per: B S V Murthy: The issue involved is delay in payment and consequential proceedings initiated for imposition of penalty. 2. Learned counsel submits that no doubt the appellant had defaulted in payment but the default was made up by themselves and an appropriate intimation was given. He submits that the show-cause notice could not have been issued after one year for imposition of penalty s....