Forgot password
New User/ Regiser
⇒ Register to get Live Demo
1996 (4) TMI 157 - ITAT HYDERABAD-B
Extract:
.......at the assessee had shown a reasonable cause for its failure to comply with the requirements of section 44AB before the specified date and therefore no penalty is leviable under section 271B for the assessment years under consideration, both the appeals filed by the Revenue deserve to be dismissed. 33. In the result, both the appeals are dismissed.