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1995 (7) TMI 109 - AT - Income TaxExtract: .......der the provisions of section 132A. The instant case also, therefore, would not fall within the mischief of the said Explanation. Hence, we agree with the decision of the CIT(A) that penalty under section 271(1)(c) is not exigible in the present case. We uphold the cancellation of the penalty. 6. In the result, the departmental appeal is dismissed.
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