https://www.taxtmi.com/caselaws?id=61656 The Tribunal upheld the deletion of the penalty under section 271B by the CIT(A) as the assessee had complied with the provisions of section 44AB by filing the audit report within the specified time, and there was no mandatory requirement to include additional documents. The Tribunal agreed that the relevant Form 3CB did not mandate attaching trading account, P&L account, and balance sheet with the audit report. Therefore, the appeal was dismissed, and the penalty was deleted. en-us Mon, 03 Mar 2003 00:00:00 +0530 Thu, 13 Jan 2011 17:42:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61656 The Tribunal upheld the deletion of the penalty under section 271B by the CIT(A) as the assessee had complied with the provisions of section 44AB by filing the audit report within the specified time, and there was no mandatory requirement to include additional documents. The Tribunal agreed that the relevant Form 3CB did not mandate attaching trading account, P&L account, and balance sheet with the audit report. Therefore, the appeal was dismissed, and the penalty was deleted. Case-Laws Income Tax Mon, 03 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61656