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1997 (6) TMI 76 - ITAT PATNAExtract: ....... get the accounts audited for the two years under appeal and, therefore, the assessee is not liable for penalties for both the years, i.e., asst. years 1987-88 and 1988-89 under section 271B of the Act. Now, the matter should go back to the Division Bench who should decide the issue according to the majority view on the subject of reasonable cause.
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