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2005 (1) TMI 313 - AT - Income TaxExtract: .......lso constituted a reasonable cause for repayment of the said amount. Thus, in the light of these facts and circumstances of the case, I am of the opinion that the learned CIT(A) was not justified in sustaining the penalty. The order of the CIT(A) is set aside and the penalty is cancelled. 10. In the result, both the appeals of the assessee allowed.
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