https://www.taxtmi.com/highlights?id=37814 Penalty u/s 271B - not getting accounts audited u/s 44AB - No doubt, exemption claimed by the assessee society trust u/s 11A has not been granted by the AO and completed the assessment u/s 143(3) but it will not burden the assessee to get its account audited with retrospective effect so long as registration u/s 12A of the Act is in operation - AT en-us Fri, 02 Feb 2018 12:32:47 +0530 Fri, 02 Feb 2018 12:32:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=37814 Penalty u/s 271B - not getting accounts audited u/s 44AB - No doubt, exemption claimed by the assessee society trust u/s 11A has not been granted by the AO and completed the assessment u/s 143(3) but it will not burden the assessee to get its account audited with retrospective effect so long as registration u/s 12A of the Act is in operation - AT Highlights Income Tax Fri, 02 Feb 2018 12:32:47 +0530 https://www.taxtmi.com/highlights?id=37814