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1985 (1) TMI 123 - ITAT DELHI-BExtract: .......see were having share income being partners therein. The period is of four months as we have computed above and as such we hold that for this period the delay is not explained and the assessee are to be penalised under s. 27(1)(a). Accordingly, we direct the ITO to compute the penalty in each case. 11. In the result, the appeals are partly allowed.
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