2009 (2) TMI 114

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.... the Appellant. Shri Rupinder Singh, Advocate, for the Respondent. [Order]. - The Revenue is aggrieved by the dropping of penal proceedings under the provisions of Sections 76 and 77 of the Finance Act, 1994 on the respondents herein who are Real Estate Agents. 2. I have heard both sides. There is no merit in the Revenue's contention that penalty under Section 76 should also have been ret....