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Income Tax - Highlights / Catch Notes

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Penalty levied u/s 271B - delay in getting accounts audited u/s ...

Income Tax

April 16, 2020

Penalty levied u/s 271B - delay in getting accounts audited u/s 44AB - Except making a submission of assessee that senior partner was no well, no plausible explanation was furnished - AO levied minimum penalty prescribed u/s 271B - Penalty confirmed.

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