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1982 (2) TMI 317 - HC - Income TaxExtract: .......pect of the payments so received. The notices of demand issued by the respondents are, therefore, quashed. 8. For all these reasons, the notices of demand issued by respondent No. 2 are quashed. In the circumstances of the case, parties shall bear their own costs of the petition. The amount of security, if any, shall be refunded to the petitioners.
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