https://www.taxtmi.com/caselaws?id=343683 The ITAT allowed all appeals, emphasizing the non-mandatory nature of enclosing audit reports with the return and the absence of defects in the returns filed by the assessees. The penalties under Sec. 271B were canceled based on compliance with the Board Circular and the completeness of the returns. en-us Fri, 26 May 2017 00:00:00 +0530 Wed, 31 May 2017 06:59:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343683 The ITAT allowed all appeals, emphasizing the non-mandatory nature of enclosing audit reports with the return and the absence of defects in the returns filed by the assessees. The penalties under Sec. 271B were canceled based on compliance with the Board Circular and the completeness of the returns. Case-Laws Income Tax Fri, 26 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343683