2016 (5) TMI 1615

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Full Text of the Document

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....resent appeal has been filed by the revenue against impugned order dated 11.08.2014, in relation to the penalty proceedings under section 271(1)(c) whereby revenue has challenged levy of penalty of Rs.36,79,893/- on account of disallowance under section 14A. 2. It has been admitted by both the parties that, in the quantum appeal, the Tribunal has deleted the said disallowance which was made by th....