Penalty levied u/s 271B - delay in furnishing audit report - ...

Case Laws Income Tax

December 16, 2019

Penalty levied u/s 271B - delay in furnishing audit report - bonafide belief - Delay in furnishing audit report has resulted only in technical venial breach which does not cause any loss to exchequer could be applied here also. - levy of penalty deleted.

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Penalty levied u/s 271B - delay in furnishing audit report - ...

Case Laws Income Tax

December 16, 2019

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