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1990 (9) TMI 146 - ITAT HYDERABAD-BExtract: .......t none to the injury or prejudice of another. 7. Having regard to the facts and circumstances of the case and in view of the finding in regard to the existence of bona fide belief, we are of the opinion that there was no concealment of income. We, therefore, direct the ITO to delete the amount of penalty. 8. In the result, the appeals stand allowed
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