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1976 (4) TMI 106 - AT - Income Tax

The appeal was against a penalty under s. 273(a) for the asst. yr. 1968-69. The assessee's estimate was found to be bonafide, supported by material. Penalty was canceled. Appellate Tribunal: ITAT MADRAS-A. Members: P. Venugopal, O. V. Subramanian.

 

 

 

 

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