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2011 (7) TMI 1338 - ITAT MUMBAIExtract: .......e particulars were concealed by the assessee and were found consequent to search, we are of the opinion that on the facts of the case penalty is warranted in respective years. Therefore the orders of the A.O. and the CIT(A) are confirmed. 10. In the result, appeals of the assessee are dismissed. Order pronounced in the open court on 15th July 2011.
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