Penalty Not Imposed u/s 271B Due to Inadvertence and Bona Fide Belief, Non-Compliance With Section 44AB Explained.

Levy of penalty u/s 271B - it is not the case of persistent default but due to inadvertence and bonafide belief and having lack of knowledge, the assessee could not comply with the provisions of sec 44AB - no penalty - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X