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Issue involved in the present appeal is deletion by the Tribunal of the penalty imposed on the respondent - assessee by the Assessing Officer under Section 271(1)(c) of the Act.

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Sec. 271(1)(c) of Income Tax Act, 1961— Penalty —CIT vs. RELIANCE INDUSTRIES LTD.[2020] 22 ITCD Online 09 (BOM)

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