Simultaneous Penalties u/ss 76 and 78 of Finance Act 1994 Not Allowed; Proviso to Section 78 Clarifies.
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....Simultaneous penalty u/s 76 and 78 - proviso to Section 78 made it explicit which was till then implicit - simultaneous penalty under section 76 and 78 of the Finance Act, 1994 cannot be imposed - HC....




TaxTMI
TaxTMI