Levy of penalty u/s. 271B - non completion of audit within ...

Case Laws Income Tax

August 21, 2023

Levy of penalty u/s. 271B - non completion of audit within reasonable time - Co-operative society - If the appointment of the statutory/tax auditor was done after the due date of completion of audit u/s 44AB and audit was completed within a reasonable time of such appointment, then the penalty u/s 271B cannot be held as justified. - AO directed to verify the facts - AT

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Levy of penalty u/s. 271B - non completion of audit within ...

Case Laws Income Tax

August 21, 2023

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