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1996 (7) TMI 543 - WEST BENGAL TAXATION TRIBUNALExtract: .......ned counsel for the applicant submits that the amount of penalty may be reduced from Rs. 5 lakhs. Mr. J.K. Goswami, learned State representative, opposes the submission. The quantum of penalty has been duly considered in the body of the judgment and we see no reason to revise the same. Accordingly, the submission is rejected. Application dismissed.
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