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2013 (7) TMI 88 - HC - Income TaxAudit of accounts u/s 44AB - delay in appointing auditor and getting audit report - Penalty imposed on Assessee u/s 273B - Held that:- Relief was given by the Tribunal to the respondent under Section 273B of the Income Tax Act holding that, in that matter of delaying in completing the audit and signing the audit report, respondent has been able to establish that there was reasonable cause therefor, inasmuch as, neither appointment of the auditor was within its domain and, at the same, time, it was also not within his domain to have the auditor to be appointed by the Registrar or such other person to be appointed by the State Government to complete the same within the time as provided for in the Income Tax Act - Decided against Revenue.
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