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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Penalty u/s.271B - non furnishing of tax audit report u/s 44AB - ...


Penalty for Non-Furnishing Tax Audit Report Under Sec 44AB Not Applicable; No Liability Under Sec 271B.

October 18, 2015

Case Laws     Income Tax     AT

Penalty u/s.271B - non furnishing of tax audit report u/s 44AB - determination of turnover - the assessee's case, despite a default of s. 44AB of the Act, is not liable in law for penalty u/s.271B - AT

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