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1994 (5) TMI 57 - AT - Income TaxExtract: .......of Rs. 1,10,000 for concealment of income and/or furnishing of inaccurate particulars thereof, the penalty order does not have any legs to stand. The ld. CIT(A) vide his impugned order dated 17-5-1988 has also cancelled the penalty. We uphold his order and accordingly reject the revenue s appeal. 26. In the result the revenue s appeal is dismissed.
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