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1981 (10) TMI 65 - ITAT CALCUTTA-AExtract: .......assessee filed returns voluntary and paid the taxes. His returns were accepted. This only indicates that there is no wilful disobedience of law on the part of the assessee. In other words, we hold that the assessee was prevented by reasonable cause from filing the returns in time. The penalties are, therefore, cancelled. 5. The appeals are allowed.
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