Appellants Penalized for Undocumented Fabric Purchases; Ignorance Defense Rejected; Penalties Confirmed but Reduced u/s 112.
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....Imposition of personal penalties u/s 112 of the CA, 1962 - both the appellants were indulged in purchase of fabrics in cash without any documents - the appellants’ claim of ignorance, is without any merits - levy of penalty confirmed though reduced - AT....


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