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1976 (5) TMI 1 - SC - Income TaxIn the present case, there was not a whisper of the application u/s 25A(1) of the Act by the appellant on March 15, 1957, when the penalty proceedings were initiated against it. Even on March 25, 1958, when the penalty was imposed, there was no order u/s 25A(1) of the Act. It was only on March 26, 1962, that the partition was recognised and order u/s 25A(1) of the Act was passed. There was thus no bar to the imposition of the impugned penalty - assessee's appeal is dismissed
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