Penalty not to be imposed in certain cases

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....  117. (1) Notwithstanding anything contained in section 114 or section 115 or section 116, no penalty shall be imposable for any failure referred to in the said sections, if the assessee proves ....

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....clause 116, if the assessee proves that there was reasonable cause for the failure to comply with the provisions of the said clause. It is further proposed that no order imposing a penalty under this ....