Penalty u/s 271(1)(b) of Income Tax Act for Non-Compliance Deemed Unjustified; No Default Found.

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....Penalty u/s 271(1)(b) - non comply with notice u/s 142(1) - the failure of the assessee to comply with such notice cannot be said to be a default which may justify the levy of penalty u/s 271(1)(b) of the Act.- AT....