Penalty u/s 271B – Tax audit u/s 44AB - Since the order passed ...

High Court Invalidates Income Tax Penalty for Lack of Approval u/s 271B, Tax Audit Section 44AB.

February 27, 2014

Case Laws Income Tax HC

Penalty u/s 271B – Tax audit u/s 44AB - Since the order passed by the Income Tax Officer does not contain the requisite recital, it has to be held that no such approval was obtained - The order itself is incompetent - HC

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Penalty u/s 271B – Tax audit u/s 44AB - Since the order passed ...

High Court Invalidates Income Tax Penalty for Lack of Approval u/s 271B, Tax Audit Section 44AB.

February 27, 2014

Case Laws Income Tax HC

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