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![No Penalty based on Estimated Additions: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Penalty-Estimated-Additions-ITAT-Taxscan.jpg "No Penalty based on Estimated Additions: ITAT [Read Order]")
No Penalty based on Estimated Additions: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench held that no penalty can be imposed based on estimated additions. The assessee, Laxman...