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1996 (12) TMI 43 - HC - Income Tax

The High Court of Allahabad quashed the Commissioner's order reducing penalty and interest to 50% under the Income-tax and Wealth-tax Acts for assessment years 1983-84 to 1985-86. The court directed the Commissioner to redecide the matter with reasons. Case citation: 1996 (12) TMI 43 - Allahabad High Court. Judges: Om Prakash, R. K. Gulati.

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