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2022 (4) TMI 613 - ITAT MUMBAIPenalty levied u/s. 271(1)(c) - HELD THAT:- The re-assessment proceedings under Section 147/148 of the Act have been held to be void-ab-initio and the additions made in quantum proceedings [2020 (8) TMI 896 - ITAT MUMBAI] stand deleted. Penalty order has no legs to stand. We do not find any infirmity in the order, passed by the CIT(A) deleting penalty levied under Section 271(1)(c) of the Act. - Decided in favour of assessee.
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