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2007 (10) TMI 326 - AT - Income TaxExtract: .......in case of CIT vs. Ram Commercial Enterprises Ltd. 3.3 Considering the entirety of facts and circumstances as discussed in the succeeding paras, we do not see any infirmity in the order of CIT(A) cancelling the concealment penalty imposed by the AO. The order of CIT(A) is accordingly upheld. 4. In the result, the appeal of the Revenue is dismissed.
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