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2011 (11) TMI 584 - HC - VAT and Sales TaxExtract: ....... taxable turnover. In such circumstances, we are of the view that the Tribunal has not applied the legal mind in proper perspective in restoring the penalty. Accordingly, the impugned order of the Tribunal in this regard stands set aside. The writ petition in respect of the penalty alone stands allowed. However, there shall be no order as to costs.
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