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Income Tax - Highlights / Catch Notes

Home Highlights October 2016 Year 2016 This

Levy of penalty u/s. 271B - Delay in getting the accounts ...

Income Tax

October 6, 2016

Levy of penalty u/s. 271B - Delay in getting the accounts audited and obtaining tax audit report u/s. 44AB - The assessee finalized its books after receiving credit notes - The delay in finalization of accounts was beyond the control of assessee - No penalty - AT

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