1997 (2) TMI 51

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..... : B. N. AGRAWAL JUDGMENT B. N. AGRAWAL J.---Heard the parties. This application has been filed for quashing prosecution of the petitioners under section 276C of the Income-tax Act, 1961. It .....

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..... been cancelled on merits. It is well settled that the standard of proof in penalty proceedings is lighter than in criminal proceeding and since penalty has been cancelled on the merits, in my view, in .....

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