Penalty u/s 217B - not getting the books audited - once the ...

Case Laws Income Tax

April 13, 2023

Penalty u/s 217B - not getting the books audited - once the penalty is levied for non-maintenance of book of accounts (u/s 44AA), there cannot be further default for not getting the same audited as required u/s 44AB of the Act and therefore, the penalty levied u/s 271B is not justified and thus vacated - AT

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Penalty u/s 217B - not getting the books audited - once the ...

Case Laws Income Tax

April 13, 2023

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