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2009 (2) TMI 508 - AT - Income TaxExtract: ....... held that the assessee has furnished inaccurate particulars or has concealed particulars of income or explanation furnished by the assessee is false. Under the circumstances, we find that the CIT(A) has rightly cancelled the penalty under section 271(1)(c). The order of CIT(A) is confirmed. 6. In the result, the appeal of the revenue is dismissed.
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