https://www.taxtmi.com/highlights?id=38776 Levy of penalty u/s 271B - failure to get the accounts audited and furnished the audit report before the specified due date - Statutory auditors appointed by the CA&G - without completing the statutory audit, the tax audit could not have been completed - there exist a reasonable cause for the delay in completion and submission of the tax audit report u/s 44AB - no penalty - AT en-us Fri, 06 Apr 2018 15:41:46 +0530 Fri, 06 Apr 2018 15:41:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=38776 Levy of penalty u/s 271B - failure to get the accounts audited and furnished the audit report before the specified due date - Statutory auditors appointed by the CA&G - without completing the statutory audit, the tax audit could not have been completed - there exist a reasonable cause for the delay in completion and submission of the tax audit report u/s 44AB - no penalty - AT Highlights Income Tax Fri, 06 Apr 2018 15:41:46 +0530 https://www.taxtmi.com/highlights?id=38776