Penalty u/s 271B Not Upheld Due to Unofficial Documents Used; Audit u/s 44AB Not Required.

Penalty levied u/s 271B - treatment of unaccounted sale as the turnover - requirement of audit u/s 44AB - the documents relied upon by the A.O. are neither the part of books of account nor would substitute the books of account or constitute the books of account of the assessee regularly maintained - No penalty. .....

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