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2011 (6) TMI 750 - AT - Income TaxExtract: .......initely concealed its taxable income and is exigible to penalty. Since the Assessing Officer has levied a minimum penalty, we uphold the same and set aside the finding of the ld. CIT(A). Levy of penalty by the Assessing Officer is confirmed. 8. In result, this appeal filed by the revenue is dismissed. Order pronounced in the court on 2nd June 2011.
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