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Income Tax - Highlights / Catch Notes

Home Highlights April 2017 Year 2017 This

Levy of penalty u/s 271B read with section 274(1) - technical ...


No Penalty Imposed for Late Electronic Filing of Tax Audit Report u/ss 271B and 274(1) Due to Technical Issue.

April 4, 2017

Case Laws     Income Tax     AT

Levy of penalty u/s 271B read with section 274(1) - technical snag while upholding the tax audit report electronically - aking into the fact that the audit report has subsequently been uploaded electronically and also hard copy has been furnished before the AO before the completion of the assessment proceedings, no penalty - AT

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