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2012 (3) TMI 479 - ITAT DELHIExtract: .......t since assessee is an investor it is not mandatory for the assessee to maintain books of accounts, therefore, penalty u/s 271A and 271B is not imposable. After considering the order of Ld. CIT(A) we do not find any error in it on this issue also. 9. In the result, appeal of the revenue is dismissed. Order pronounced in the open court on 23.3.2012.
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