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Income Tax - Highlights / Catch Notes

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Penalty u/s. 271B - Failure to get accounts audited - assessee ...

Income Tax

August 17, 2016

Penalty u/s. 271B - Failure to get accounts audited - assessee has filed the audit report before the AO during the course of penalty proceedings, got his accounts audited, paid the tax and filed the return of income much before the specified date - penalty cancelled - AT

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