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2012 (12) TMI 1019 - AT - Income TaxExtract: .......e in the original income has to be considered as bonafide. We, therefore, see no infirmity in the order of CIT(A) for coming to the conclusion that the penalty u/s 271(1)(c) is not leviable. Accordingly, order of CIT(A) is confirmed. 6. In the result, the appeal filed by the Revenue is dismissed. Order pronounced on this 21st day of December, 2012.
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