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2011 (8) TMI 1078 - AT - Income TaxExtract: .......ing the assessee’s business as detailed in the quantum appeal. Therefore, we order to delete the entire penalty by accepting assessee’s explanation. 25. In the result, the appeal of the assessee stands allowed. 26. To summarize the result, all the appeals of the assessee stand allowed. Order pronounced in the open court on 18-08-2011. (
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