2004 (11) TMI 586

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..... For the Appellant : Sanjiv Khanna For the Respondent : -- JUDGMENT B. C. Patel, CJ. Against concurrent decisions, the present appeal under section 260A of the Income-tax Act, .....

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..... to form its own opinion and record its satisfaction before initiating the penalty proceedings. Merely because the penalty proceedings have been initiated, it cannot be assumed that such a satisfaction .....

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