2013 (3) TMI 704

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Full Text of the Document

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....l by the revenue for the assessment year 2004-05, following points of law are raised for our consideration:- "Whether on the facts and circumstances of the case and in law, the Tribunal was justified in deleting the penalty under section 271(1)(c) of the income-tax Act, 1961 without properly appreciating the factual and legal matrix of the case as clearly brought out by the order imposing penalt....