Tribunal deleted penalty  on merit as regards addition is made on alleged bogus purchases on estimate basis. Tribunal also held that   omission to strike off one of the twin charges in the notice can not invalidate penalty proceedings. Followed,  Veena Estate (P) Ltd. v. CIT (2024) 336 CTR  688/ 461 ITR 483 (Bom)(HC). (AY.2009-10,  2010-11)