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2015 (3) TMI 1384 - AT - Income TaxPenalty u/s 271(1)(b) - assessee has not complied with the notices under sections 143(2)/142(1) - HELD THAT:- As decided in SARDARMAL KOTHARI [2013 (3) TMI 815 - ITAT CHENNAI] when an assessment has been made under sec.143(3) and not under sec.144 of the I.T. Act, it means that subsequent compliance in the assessment proceedings was considered as good compliance and the defaults committed earlier were ignored by the Assessing Officer and, therefore, there is no case for levy of penalty under sec.271(1)(b) of the Act - Appeal of the assessee is allowed.
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