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2012 (6) TMI 788 - AT - Income TaxExtract: ....... Respected Co-ordinate Bench has already deleted the impugned addition, therefore in consequence thereof no penalty u/s.271(1)(c) of the I.T.Act shall survive any more. In view of this, no interference is required in respect of the deletion of the penalty. Ground of the Revenue is dismissed. 7. In the result, the appeal of the Revenue is dismissed.
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