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1992 (1) TMI 164 - AT - Income TaxExtract: .......antum proceedings, it does not mean that her claim is not bona fide or that she had no reasonable cause in putting forward the claim of loss for assessment year 1980-81. 5. Thus, for all the above reasons, I hold that no penalty under section 271(1)(a) is exigble from the assessee for assessment year 1982-83. 6. In the result, the appeal is allowed
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