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1998 (1) TMI 96 - AT - Income TaxExtract: ....... 271(1)(c) in relation to the amounts which stood invested in the name of her son-in-law or Sheelaben. Taking into account the totality of the facts and circumstances of the case we are of the opinion that it is not a fit case for the levy of penalty under s. 271(1)(c) which is hereby directed to be deleted. 7. In the result, the appeal is allowed.
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