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1979 (2) TMI 50 - HC - Income Tax
Extract:
....... (India) v. CIT 1978 112 ITR 1048 as already seen from the passage already extracted from page 1056. In these circumstances, we consider that the Tribunal was wrong in cancelling the penalty. The questions referred are accordingly answered in the negative and in favour of the revenue. The revenue will be entitled to its costs. Counsel s fee Rs.500.