Penalty levied u/s 271B - delay in getting accounts audited u/s ...
Penalty Imposed for Audit Delay u/s 271B Due to Unconvincing Illness Explanation by Assessee's Senior Partner.
April 16, 2020
Case Laws Income Tax AT
Penalty levied u/s 271B - delay in getting accounts audited u/s 44AB - Except making a submission of assessee that senior partner was no well, no plausible explanation was furnished - AO levied minimum penalty prescribed u/s 271B - Penalty confirmed.
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