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2011 (10) TMI 277 - ALLAHABAD HIGH COURTPenalty - mistake of Accountant in books, as "concealment" - Firm had 16 partners who were uneducated and belonged to Banjara Community - Held that:- Assessee Bonafidely surrendered the calim - Mere non explanation of entries in books of account where partners are uneducated and innocent cannot be valid ground for levy of penalty. - Thus Decided in favour of assessee.
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