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1981 (7) TMI 50 - CALCUTTA HIGH COURTExtract: .......re income of a revenue nature. In this view of the matter, the Tribunal was perfectly justified in cancelling the order of penalty imposed upon the assessee. Thus, in the facts, as found by the Tribunal, we answer both the questions in the affirmative and in favour of the assessee. There will be no order as to costs. SABYASACHI MUKHARJI J.-I agree.
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