Penalty u/s. 271B - failure to get accounts audited - When a ...

Penalty u/s 271B Not Imposed Due to Lack of Independent Satisfaction by Designated Authority.

October 19, 2015

Case Laws Income Tax AT

Penalty u/s. 271B - failure to get accounts audited - When a particular authority has been designated to record his satisfaction on any particular issue, then it is that authority alone who should apply his independent mind to record his satisfaction and satisfaction so recorded should be independent and not borrowed or dictated satisfaction - No penalty - AT

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Penalty u/s. 271B - failure to get accounts audited - When a ...

Penalty u/s 271B Not Imposed Due to Lack of Independent Satisfaction by Designated Authority.

October 19, 2015

Case Laws Income Tax AT

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