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1998 (12) TMI 345 - CGOVT - Indian LawsExtract: .......ion of penalties for delayed submission of the FTT returns which shall not be less than Rupees two thousand but which may extend to Rupees twenty thousand. Hence, imposition of penalties of Rs. 2,500/- and Rs. 17,000/- also cannot be assailed. 7. emsp In the result, the revision applications devoid of merits are rejected. It is ordered accordingly.
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