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2019 (8) TMI 1203 - AT - Income TaxPenalty u/s.271(1)(c) r.w.s. 274 - addition made on receipts as repairs and maintenance grant from the Government of Maharashtra and rental income by the assessee - HELD THAT:- We hold that once the quantum is deleted [2019 (6) TMI 1370 - ITAT MUMBAI] , the penalty will have no legs to stand. Accordingly, we direct the ld. AO to delete the penalty levied in the case of the assessee in respect of these two additions. - Decided in favour of assessee.
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