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1998 (9) TMI 107 - AT - Income TaxExtract: .......e tax at source and pay to the Government account and, therefore, penalty should not have been levied. 25. In view of the above discussions, we held that the imposition of penalty of Rs. 8,37,900 as against the total tax deduction of Rs. 42,510 is not justified and accordingly we cancel the same. 26. In the result, the assessee s appeal is allowed.
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