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2011 (4) TMI 1299 - HC - Income TaxExtract: .......ne and bonafide transaction offers reasonable cause under Section 273B of the Act as accepted by the CIT(A). The Tribunal had erred in reversing the said finding. Thus, the order of the Tribunal is unsustainable. 13. In view of the above, the questions of law are answered in favour of the assessee and against the revenue. The appeal stands allowed.
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