TMI BlogNo Penalty for Late Tax Audit Report Filing as Report Was Ready by Due Date, Per Section 271B Circular.Levy of penalty u/s 271B - assessee did not file tax audit report u/s.44AB before the due date of filing of return of income 139(1) - since the audit report was obtained before the due date and furnished before the AO when asked, No penalty in view the circular - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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