2012 (1) TMI 189

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.... of law formulated for admitting the case is as follows : (i) Whether the Tribunal was right in setting aside the order in spite of the fact that the decision rendered in the matter of Sri. Krishna Pipes has been admitted by the Hon'ble Apex Court and is pending consideration? (ii) Whether the Tribunal was right in setting aside the demand for interest and penalty, when the statute prescribed fo....