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2013 (8) TMI 1039 - AT - Income TaxLevy of penalty u/s.158BFA (2) - Held that:- Facts and circumstances of the case do not warrant levy of penalty u/s.158BFA(2). We, therefore, set-aside the order of the CIT(A) and direct the AO to cancel the penalty levied u/s.158BFA(2) on account of disallowance of interest expenditure.
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