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1981 (11) TMI 105 - ITAT MADRAS-AExtract: .......e delay in the submission of the return by the assessee. Moreover, penal action taken in the case of the other partner had been dropped by the Revenue. We, therefore, hold that the delay in filing of the return by the assessee was not without reasonable cause. The levy of penalty is, therefore, unjust and is hereby cancelled. The appeal is allowed.
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