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2010 (1) TMI 1172 - AT - Income TaxExtract: .......f the assessee. In view of these discussions, and bearing in mind entirety of the case, we are of the considered view that the impugned penalty must be deleted. We, accordingly, delete the penalty of ₹ 1,51,28,982/- imposed on the assessee. 7. In the result, the appeal is allowed. Pronounced in the open court today on 6th day of January 2010.
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