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1996 (11) TMI 104 - AT - Income TaxExtract: .......quate information, so as to enable the ITO to compute his total income in accordance with the provisions of this Act, the penalty levied under s. 271A cannot be sustained on the facts and circumstances of the present case. I, therefore, cancel the said penalties for both the years under consideration. 5. In the result, both the appeals are allowed.
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