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1994 (1) TMI 127 - AT - Income TaxExtract: .......n Kumari A.B. Shanthi s case and have directed that, though the criminal proceedings may go on, any substantive sentence may not be given effect to until further orders from the Supreme Court . Penalty proceedings under the Income-tax Act are therefore permitted by the Supreme Court to be proceeded with. We therefore confirm the penalty so imposed.
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