https://www.taxtmi.com/forum/issue?id=1573 A penalty was imposed for failure to furnish the auditor's report where the company could not complete its audit because an auditor removal petition prevented a successor auditor from accepting the audit without NOC; appeal is pending. Relief may be available under the waiver provision for reasonable cause by demonstrating that the auditor removal and inability to obtain a report constituted a sufficient cause, supported by contemporaneous records and precedent. en-us Thu, 29 Oct 2009 14:16:55 +0530 Thu, 23 Jan 2025 15:58:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1573 A penalty was imposed for failure to furnish the auditor's report where the company could not complete its audit because an auditor removal petition prevented a successor auditor from accepting the audit without NOC; appeal is pending. Relief may be available under the waiver provision for reasonable cause by demonstrating that the auditor removal and inability to obtain a report constituted a sufficient cause, supported by contemporaneous records and precedent. Discussion-Forum Income Tax Thu, 29 Oct 2009 14:16:55 +0530 https://www.taxtmi.com/forum/issue?id=1573