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1999 (11) TMI 884 - KARNATAKA HIGH COURTExtract: .......iable in every case. It appears that the provisions of sec.273B were not specifically mentioned by the Tribunal in its order and therefore, the proper interpretation of law would be that penalty u/s 271B can be levied if there is not reasonable cause. 7. Accordingly, both the questions are answered in favour of the assessee and against the revenue.
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