1987 (10) TMI 33

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..... of the Revenue. The only question raised is whether in law and facts, the Tribunal was justified in cancelling the penalty imposed under section 271(1)(c) of the Income-tax Act. Although learned counsel for the Department has vehemently argued that the Tribunal was not justified in setting aside the order passed by the Income-tax Officer, lie has failed to satisfy us that the finding recorded by t .....

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