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2012 (9) TMI 1006 - ITAT MUMBAIExtract: .......e facts of the case of Renu Hingorani (supra). Respectfully following the Order of the Tribunal in the case of Renu Hingorani (supra), we cancel the penalty of ₹ 86,930/- levied by the Assessing Officer and confirmed by the CIT(A). 6. In the result, appeal of the assessee is allowed. Order pronounced in the open Court on 28th September, 2012.
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