Penalty u/s 271B - the books of account of the Assessee have ...

Case Laws Income Tax

April 11, 2023

Penalty u/s 271B - the books of account of the Assessee have also been audited only on 30.09.2011, however it seems that somehow due to inadvertent or otherwise mistake in the name of Auditor, the Assessee failed to file correct audited books of account, alongwith original return of income, but it is a fact that audited books of account which are not in dispute, have duly been filed along with the revised return of income. - No penalty - AT

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Penalty u/s 271B - the books of account of the Assessee have ...

Case Laws Income Tax

April 11, 2023

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