Levy of penalty u/s 271B and 271F - Late filing of tax audit ...

No Penalties for Late Tax Filing: Reasonable Cause Accepted for Delay u/ss 271B and 271F.

November 8, 2019

Case Laws Income Tax AT

Levy of penalty u/s 271B and 271F - Late filing of tax audit report and income tax return - The plea of the assessee that it was an inadvertent default, on account of the tax consultant being busy with GST returns and the assessee not being able to adequately follow up with him since he was away in New Zealand, appears to be a reasonable cause - No penalty.

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Levy of penalty u/s 271B and 271F - Late filing of tax audit ...

No Penalties for Late Tax Filing: Reasonable Cause Accepted for Delay u/ss 271B and 271F.

November 8, 2019

Case Laws Income Tax AT

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