Penalty imposed u/s. 271B - non filing of audit report within ...

Taxpayer's Penalty Upheld for Late Audit Report Filing u/s 271B; Inconsistent Explanations Provided Without Evidence.

May 31, 2021

Case Laws Income Tax AT

Penalty imposed u/s. 271B - non filing of audit report within stipulated time - the assessee kept on changing its version for causing delay of filing tax audit report and without any evidence substantiating the said reasons. Having perused the entire record and find no valid reasons supporting the reasons stated by the assessee for delay in filing tax audit report - Levy of penalty confirmed- AT

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Penalty imposed u/s. 271B - non filing of audit report within ...

Taxpayer's Penalty Upheld for Late Audit Report Filing u/s 271B; Inconsistent Explanations Provided Without Evidence.

May 31, 2021

Case Laws Income Tax AT

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