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1988 (12) TMI 3 - HC - Income TaxExtract: .......ssessee not being able to prove the sources, does not bring the assessee within the purview of section 271(1)(c). In the above view of the matter, we are in agreement with the Tribunal that the assessee is not liable to penalty. Accordingly, all the three questions are answered in the affirmative and in favour of the assessee. No order as to costs.
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