https://www.taxtmi.com/highlights?id=25399 Penalty u/s. 271B - failure to get accounts audited - When a particular authority has been designated to record his satisfaction on any particular issue, then it is that authority alone who should apply his independent mind to record his satisfaction and satisfaction so recorded should be independent and not borrowed or dictated satisfaction - No penalty - AT en-us Mon, 19 Oct 2015 08:49:17 +0530 Mon, 19 Oct 2015 08:49:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=25399 Penalty u/s. 271B - failure to get accounts audited - When a particular authority has been designated to record his satisfaction on any particular issue, then it is that authority alone who should apply his independent mind to record his satisfaction and satisfaction so recorded should be independent and not borrowed or dictated satisfaction - No penalty - AT Highlights Income Tax Mon, 19 Oct 2015 08:49:17 +0530 https://www.taxtmi.com/highlights?id=25399