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Income Tax - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

Penalty for delay in auditing the books of account required u/s. ...


Penalty for Late Audit u/s 44AB Canceled Due to Auditor Resignation and Assessee Disputes.

January 16, 2018

Case Laws     Income Tax     AT

Penalty for delay in auditing the books of account required u/s. 44AB - due to disputes between the assessee with its earlier auditor and resignation thereof, the same (audited accounts) was filed before the AO belatedly. - the penalty is liable to be held as invalid and the same is cancelled - AT

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