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1992 (8) TMI 266 - MADRAS HIGH COURTExtract: .......ted in respect of certain transactions tax due thereon and yet did not disclose the same, we are not inclined to take any lenient view particularly after the Tribunal itself has shown some concession in the quantum of penalty. 5.. For all the above reasons, we dismiss the above tax cases. But there will be no order as to costs. Petitions dismissed.
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