Penalty u/s 271(1)(b) Deleted Due to Bona Fide Reasons for Non-Compliance with Section 142(1) Notices.

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....Penalty u/s 271(1)(b) - failure to comply with the notices issued - the reasons explained by the assessee are bonafide and reasonable. - penalty imposed u/s 271(1)(b) for non compliance of section 142(1) deleted.....