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2011 (6) TMI 880 - ITAT MUMBAIExtract: .......ing to ₹ 40,940/-.” 20 Respectfully following the same we cancel the penalties levied for both the assessment years u/s.271B. 21. In the result, assessee’s appeals in ITA no.3641 and 3642/Mum./2008 are allowed. 19. Ultimately, all the appeals filed by the assessee are allowed. Order pronounced in the open Court on 29th June, 2011.
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