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Income Tax - Highlights / Catch Notes

Home Highlights July 2016 Year 2016 This

Levy of penalties u/s. 271B and 271F - non filing of tax audit ...

Income Tax

July 15, 2016

Levy of penalties u/s. 271B and 271F - non filing of tax audit report and non filing of return in time - It is very unlikely that they would remain silent with regard to discharge of their statutory obligations by placing reliance on their erstwhile Accountant as claimed by the assessee - penalty confirmed - AT

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