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Tribunal order recalled - Non-filing of Vakalatnama - assessee effectively not heard

Penalty Charges should be specified in notice under Section 271(1)(c)

Interest as per Sect 234B & 234C not leviable on taxes payable under MAT - Bombay HC

Tax matter remanded back to CIT(A) for not adjudicating ground raised properly

Fair value of land existing as on the date of execution of deed to be considered
