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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Penalty u/s.271BA - no affidavit from the Director or by ...


Penalty Upheld Under Sec 271BA: Missing Affidavit and Audit Report Evidence Before Return Filing and Assessment Completion.

May 6, 2016

Case Laws     Income Tax     AT

Penalty u/s.271BA - no affidavit from the Director or by Chartered Accountant to show that report in Form No.3CEB was obtained before the due date of filing of the return or the said Audit report was made available to the AO either before processing the return u/s.143(1) or completion of assessment order u/s.143(3) of the Act - penalty confirmed - AT

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