Penalty u/s 271B - TAR u/s 44AB upto 30th Sep., 2012 - The ...
Case Laws Income Tax
May 20, 2019
Penalty u/s 271B - TAR u/s 44AB upto 30th Sep., 2012 - The criminal proceedings were mounted in January, 2012 and the bail was granted in May, 2012 therefore even if the medical reasons of one of the director is accepted, it cannot be accepted that the other director was free enough to run business but was not capable to get the accounts audited - penalty upheld
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