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1980 (4) TMI 164 - ITAT JAIPURExtract: .......ts of the companies of which she was the share holder. These were required for determining the market value of the shares as per rr. 1C and 1D of the WT Rules. The failure of the assessee was clearly for reasonable cause and there was no justification for the levy of the penalty. We uphold the order of the AAC. 4. In the result the appeal succeeds.
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