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1998 (11) TMI 161 - ITAT PUNEExtract: ....... of the assessee which constituted a reasonable cause. Therefore, the Commissioner of Income-tax(A) was not justified in sustaining the penalty of Rs. 1,00,000 imposed by the Assessing Officer. Consequently, we set aside the order of the Commissioner of Income-tax(A) and cancel the penalty sustained by him. 14. In the result, the appeal is allowed.
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