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of <h1>Court quashes penalty for estate particulars concealment due to flawed reasoning</h1> The High Court of Allahabad allowed the accountable person's petition, quashing a Rs. 5,000 penalty imposed for alleged concealment of estate particulars ... Inaccurate Particulars The High Court of Allahabad allowed the petition filed by the accountable person for the estate of late Sri P. K. Banerji. The court quashed the penalty of Rs. 5,000 imposed by the Assistant Controller for alleged concealment of estate particulars, citing flaws in the reasoning and failure to consider relevant facts. The order dated August 6, 1975, was set aside with no costs imposed.
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