Penalty proceeding u/s271B - reason for the delay in auditing ...

Case Laws Income Tax

March 21, 2017

Penalty proceeding u/s271B - reason for the delay in auditing the accounts - accountant and the other employees had resigned during the relevant period - assessee also produced the original trial balance and ledger to point out that there was a huge difference in the trial balance and the same could not be reconciled - delay was duly explained - no penalty - HC

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Penalty proceeding u/s271B - reason for the delay in auditing ...

Case Laws Income Tax

March 21, 2017

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