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2000 (8) TMI 1129 - ANDHRA PRADESH HIGH COURTExtract: .......in the place of five times the tax due that was levied by the assessing officer, which was confirmed by the appellate authorities. 13. Under the above circumstances, the order under revision is accordingly modified, reducing the penalty from five times the tax due to three times the tax due. The revision is accordingly by allowed in part. No costs.
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