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    <description>The appeal was dismissed at the stage of admission, confirming the order passed by the Income Tax Appellate Tribunal. The court found no substantial question of law to interfere with the penalty imposed under Section 271 (1) (c) of the Income Tax Act. The appellant/assessee&#039;s plea of bona fide belief was rejected, and the penalty for concealment of income was upheld.</description>
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      <description>The appeal was dismissed at the stage of admission, confirming the order passed by the Income Tax Appellate Tribunal. The court found no substantial question of law to interfere with the penalty imposed under Section 271 (1) (c) of the Income Tax Act. The appellant/assessee&#039;s plea of bona fide belief was rejected, and the penalty for concealment of income was upheld.</description>
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