https://www.taxtmi.com/circulars?id=4873 Officers in the Gujarat High Court territorial jurisdiction should give due weight to the High Court's validation of section 44AB on 31 March 1986 when deciding whether to initiate proceedings under section 271B for assessment year 1985-86, and to apply the Board's prior guidance that discouraged penalty initiation where the prescribed audit report was obtained by the circular's specified date and self assessment tax paid within the normal filing period. en-us Thu, 10 Jul 1986 00:00:00 +0530 Mon, 04 Aug 2008 13:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4873 Officers in the Gujarat High Court territorial jurisdiction should give due weight to the High Court's validation of section 44AB on 31 March 1986 when deciding whether to initiate proceedings under section 271B for assessment year 1985-86, and to apply the Board's prior guidance that discouraged penalty initiation where the prescribed audit report was obtained by the circular's specified date and self assessment tax paid within the normal filing period. Circulars Income Tax Thu, 10 Jul 1986 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4873