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    <title>2012 (2) TMI 261 - ITAT, KOLKATA</title>
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    <description>The Tribunal upheld the CIT(A)&#039;s decision, ruling that the assessee fulfilled the conditions for immunity under section 271AAA(2) by paying the entire tax and interest within the required timeframe. As the tax and interest were paid before the penalty proceedings concluded, the penalty imposed under section 271AAA of the Income Tax Act for the assessment year 2008-09 was dismissed.</description>
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      <description>The Tribunal upheld the CIT(A)&#039;s decision, ruling that the assessee fulfilled the conditions for immunity under section 271AAA(2) by paying the entire tax and interest within the required timeframe. As the tax and interest were paid before the penalty proceedings concluded, the penalty imposed under section 271AAA of the Income Tax Act for the assessment year 2008-09 was dismissed.</description>
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