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1981 (7) TMI 128 - ITAT JAIPURExtract: .......y the assessee or made to appear in a way that the apparent state of affairs was not real. It was for the ITO to examine the facts and come to the proper conclusion as he has evidently done. But a charge of concealment of income cannot obviously be sustained in the circumstances of the case. We, accordingly, cancel the penalty and allow the appeal.
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