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2010 (7) TMI 838 - ITAT BANGALOREExtract: .......ng view that the addition of the differential amount has made out a case of concealment of income or furnishing of inaccurate income. Accordingly, we delete the penalty levied under section 271(1)(c) of the Act. In the result, the appeals filed by the assessee are allowed. The order pronounced on Wednesday, the 28th day of July, 2010, at Bangalore.
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