Penalty u/s 271B - failure to get the accounts audited u/s 44AB ...

Case Laws Income Tax

June 24, 2019

Penalty u/s 271B - failure to get the accounts audited u/s 44AB - It is the mandatory obligation of the assessee to get the accounts audited and submit the Audit report before the due date. The illiteracy or ignorance of the partners is not a sufficient reason.

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Penalty u/s 271B - failure to get the accounts audited u/s 44AB ...

Case Laws Income Tax

June 24, 2019

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