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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Penalty u/s 271B - The assessee was very casual and did not ...


Assessee Fails to Respond to Show Cause Notice; No Reasonable Cause Provided for Non-Compliance with Audit Report Requirement.

January 28, 2019

Case Laws     Income Tax     AT

Penalty u/s 271B - The assessee was very casual and did not enter appearance for the show cause notice issued for imposition of penalty. The assessee has not made out a reasonable cause as mentioned u/s 273B for non-furnishing of audit report u/s 44AB.

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