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2005 (7) TMI 298 - AT - Income TaxExtract: .......too, for the same default, the penalty has been levied thrice over. This is unsustainable. 5. Be that as it may, in view of the above discussion, we do not find any default to have been committed by the assessee, so as to attract the levy of penalty in question. These penalties are hereby cancelled. 6. As a result, the assessee s appeal is allowed.
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