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penalty u/s 158BFA(2) Gujarat High court discretionary,

Started by jindalrk, June 03, 2012, 05:46:28 PM

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jindalrk

sir, the finding of the high court is contradictory, one side it held that the imposition of the penalty is discretionary and also it says that reopening of the 158BC/BD assessment is not permissible. please comment.