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2009 (11) TMI 911 - AT - Income TaxExtract: .......f sec. 273B of the Income-tax Act, there cannot be levy of penalty under sec. 271D. In view of the above discussion, we are unable to uphold the order of the lower authorities. Accordingly, the same is set aside and the entire penalty is deleted. 5. In the result, the appeal of the assessee stands allowed. Order pronounced in the Court on 20-11-09.
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