No concealment penalty if exemption wrongly claimed was withdrawn by assessee in assessment proceedings

INCOME TAX : Where assessee raised claim for exemption under section 10B bonafidely as there was confusion over admissibility of same on account of statement of Union Finance Minister, extending Sunset clause for exemption in question for 100 percent EOUs up to year 2015, in view of fact that said claim was subsequently withdrawn by assessee itself in assessment proceedings, it not being a case of furnishing inaccurate particulars of income,

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