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1999 (10) TMI 57 - HC - Income TaxExtract: .......nishing of return of income, non-payment or inadequate payment of advance tax, etc. The Central Board of Direct Taxes had issued a press release to that effect as is noticed. In view of the aforesaid position, the questions referred are to be answered in favour of the Revenue and against the assessee. We do so. Reference is accordingly disposed of.
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