Penalty u/s 271B - delay filing of tax audit report contravening ...
Income Tax
June 9, 2023
Penalty u/s 271B - delay filing of tax audit report contravening section 44AB - In factual matrix the assessee was suffering a financial exigency with legal battel. - This is a sufficient reason for delay in filing the tax audit report before the authority which follow the Section 273B of the Act. - No penalty - AT
View Source