Penalty u/s 271B - assessee firm could not get the accounts ...

Firm Avoids Penalty for Late Audit Due to No Malicious Intent u/s 44AB and Section 271B.

September 23, 2016

Case Laws Income Tax AT

Penalty u/s 271B - assessee firm could not get the accounts audited within time limit prescribed u/s 44AB - there is no mala fide reason for not obtaining the accounts audited in time and penalty u/s 271B should not be imposed. - AT

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Penalty u/s 271B - assessee firm could not get the accounts ...

Firm Avoids Penalty for Late Audit Due to No Malicious Intent u/s 44AB and Section 271B.

September 23, 2016

Case Laws Income Tax AT

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