Penalty u/s. 271B - failure to get accounts audited - When a ...
Case Laws Income Tax
October 19, 2015
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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