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Income Tax - Highlights / Catch Notes

Home Highlights February 2012 Year 2012 This

Penalty u/s 271B - Delay in filling of audit report - It was the ...


Audit Report Delay Leads to Penalty u/s 271B Due to Eight-Month Filing Lapse by Petitioner.

February 22, 2012

Case Laws     Income Tax     HC

Penalty u/s 271B - Delay in filling of audit report - It was the duty of the petitioner to ensure that the accountant does his job properly. The delay in this case is almost eight months - penalty confirmed - HC

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