Court Accepts Fiduciary Capacity Argument, Exempts Receipts from Section 44AB Audit Requirements of Income Tax Act.

Court Accepts Fiduciary Capacity Argument, Exempts Receipts from Section 44AB Audit Requirements of Income Tax Act. https://www.taxtmi.com/highlights?id=18631 Failure to audit accounts u/s 44AB – the contention that the receipts which was received by him was received in a fiduciary capacity which did not belong to him is acceptable - AT en-us Thu, 22 May 2014 10:00:33 +0530 Thu, 22 May 2014 10:00:33 +0530 TaxTMI RSS Generator Court Accepts Fiduciary Capacity Argument, Exempts Receipts from Section 44AB Audit Requirements of Income Tax Act. https://www.taxtmi.com/highlights?id=18631 Failure to audit accounts u/s 44AB – the contention that the receipts which was received by him was received in a fiduciary capacity which did not belong to him is acceptable - AT Highlights Income Tax Thu, 22 May 2014 10:00:33 +0530 https://www.taxtmi.com/highlights?id=18631