Register Daily Newsletters My Bookmarks My Queries (D. Forum) My Replies (D. Forum) My Articles My Inbox (PM) Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding

   For Sales / Support:
WhatsApp WhatsApp 9911796707
Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
TMI - e-Newsletter     TaxTMI    Income-tax Rules Amended: Form 3CD Gets Major...     TaxTMI    SCN Issued Two Days Beyond Section 73(2) Deadline...     TaxTMI    CBIC Revises Tariff Values Under Section 14(2) for...     TaxTMI    Diamond Imprest Authorisation Form Updated with...     TaxTMI    Sea Cargo Manifest Regulations: CBIC Extends...     TaxTMI    CBIC Implements Electronic Processing for Personal...     TaxTMI    CBDT Authorizes Waiver of Interest on Delayed...     TaxTMI    GST Assessment Order Set Aside for Lacking Document...     TaxTMI    SEBI Introduces New Governance Rules for High Value...     TaxTMI    Government exempts Bengal gram from AIDC and SWS...     TaxTMI    CGST Rules Amended: Rule 164 Changes Affect Tax...     TaxTMI    SEBI Eases ESG Compliance: New Green Credit...     TaxTMI    CBIC Clarifies Section 128A Waiver Eligibility for...     TaxTMI    Transfer of Development Rights Constitutes...     TaxTMI    GST Fraud Mastermind Denied Bail Under Sections...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights July 2013 Year 2013 This

Audit of accounts u/s 44AB - delay in appointing auditor and ...


High Court Rules No Penalty for Audit Delay u/s 44AB Due to Valid Justification u/s 273B.

July 4, 2013

Case Laws     Income Tax     HC

Audit of accounts u/s 44AB - delay in appointing auditor and getting audit report - Penalty u/s 273B - assessee justified the delay - no penalty - HC

View Source

 

← Previous Next →

 

You may also like:

  1. Penalty levied u/s 271B - delayed furnishing of tax audit report u/s 44AB due to delay in getting statutory audit report under companies act - assessee had indeed...

  2. Levy of penalty u/s 271B – Delay in getting and furnished Tax Audit report - delay in completion of statutory audit was reasonable cause for non-compliance with section...

  3. Penalty u/s 271B - assessee had failed to get his account audited u/s 44AB - The assessee explained that the delay in furnishing the Audit Report was due to the death of...

  4. Penalty levied u/s 271B - delay in filing the audit report under section 44AB - reasonable cause of delay - The delay was caused due to search conducted by the...

  5. Penalty u/s 271B - delay filing of tax audit report contravening section 44AB - In factual matrix the assessee was suffering a financial exigency with legal battel. -...

  6. Tribunal found assessee had reasonable cause for delay in furnishing Tax Audit Report due to delay in finalization of statutory audit arising from dispute between Board...

  7. Penalty levied u/s 271B - not getting accounts Audited within the due date specified u/s 44AB - It was established that the appellant did not maintain the books of...

  8. Penalty u/s 271B - not getting the books of account audited u/s 44AB - AO levied penalty on the assessee as the cash deposit during the F.Y. 2016-17 exceeded the...

  9. Levy of penalty u/s 271B - failure to get the accounts audited and furnished the audit report before the specified due date - Statutory auditors appointed by the CA&G -...

  10. The assessee was levied penalty u/s 271B for delay in filing the audit report u/s 44AB within the stipulated time. The assessee contended that the invoices and other...

  11. Penalty levied u/s. 271B - Defective notice - vague and unspecific notice - failure to furnish the audit report u/s 44AB before the due date - Notice proposing penalty...

  12. Penalty u/s 271B - delay in furnishing a report of such audit as required u/s 44AB - The very object behind enactment of the provisions of section 44AB is only to enable...

  13. Levy of penalty u/s 271B - default u/s 44AB - failure to get accounts get audited - Contradictory stand of the appellant when he contended that due to seizure of books...

  14. Penalty u/s 271B - delay in filing an audit report u/s 44AB - The delay of 29 days in filing of the tax audit report under section 44AB merited to be condoned - no penalty - HC

  15. Penalty u/s 271B - Delay in filing the tax audit report - delay occurred due to the Accountant leaving the job abruptly and it took time for the new Accountant to...

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
F: Soil Purchase for Resale: Can Dispatch Challans Replace Proper Invoice...
F: Company Must Hold EGM to Adopt Financial Statements After AGM Failure,...
F: Jurisdiction Question: Can a Superintendent Issue GST Demand Summary W...
F: GST Audits Have No Time Limitation Under Section 65, Unlike Show Cause...
F: Pre-Deposit Refund After Favorable GST Appeal: System Error Workaround...
F: Taxpayer's Amnesty Scheme Payment at Risk Due to Missing DRC-03A Form ...
A: Mandatory GSTR-1 Filing: Reporting Outward Supplies Under GST With 15 ...
A: Filing OPC Annual Returns: 180-Day Deadline, Required Forms, and Commo...
A: Deodorant Sprays vs. Traditional Attars: Why Natural Indian Perfumes O...
A: Low-Quality Chinese Imports Harm Indian Industries: Solutions Include ...
A: Comprehensive Export Risk Management: Strategies for Political, Econom...
A: India's Pharmaceutical Industry Seeks to Reduce Dependence on Chinese ...
A: Proposed U.S. Tariffs on Indian Pharmaceuticals Could Raise Drug Price...
A: Saharanpur Wooden Craftsmanship: Traditional Artistry Supporting Artis...
A: Preserving Cultural Heritage: How Mithila Paintings Support Women Arti...
A: Mughal-Inspired Mirzapur Rugs: Preserving Traditional Craftsmanship Wh...
H: GST Orders Uploaded Without Proper Service Violate Natural Justice, Co...
H: GST Time Extension During COVID-19: Court Defers Ruling on Section 168...
H: Bail denied for mastermind accused of Rs. 53.03 Crore GST fraud throug...
H: Lufthansa Wins Challenge Against Withholding Tax Rate Change Under Ind...
H: Section 54F Deduction Denied: Timing of House Purchase and Constructio...
H: Tax Relief: Exchange of Old Flat for New in Redevelopment Not Taxable ...
H: Interest on Rupee-Denominated CCDs Must Be Benchmarked Against Domesti...
H: Assessee in Power Business Denied Enhanced 35% Depreciation Under Sect...
H: Taxpayer's Appeal Succeeds as Cash from Selling Deceased Wife's Jewelr...
H: Quantitative Restrictions on LAM Coke Imports Valid Under Section 9A o...
H: Courier Company Penalized for CIER Violations Despite KYC Compliance C...
H: Penalty Under Section 112(b) of Customs Act Reduced for Imported Motor...
H: Customs Act Section 149: Shipping Bill Amendments Require Contemporane...
H: Customs Duty Payment Under DGFT Amnesty Scheme Shields Importers From ...