https://www.taxtmi.com/highlights?id=44300 Penalty levied u/s 271B - treatment of unaccounted sale as the turnover - requirement of audit u/s 44AB - the documents relied upon by the A.O. are neither the part of books of account nor would substitute the books of account or constitute the books of account of the assessee regularly maintained - No penalty. en-us Mon, 04 Feb 2019 09:22:20 +0530 Mon, 04 Feb 2019 09:22:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=44300 Penalty levied u/s 271B - treatment of unaccounted sale as the turnover - requirement of audit u/s 44AB - the documents relied upon by the A.O. are neither the part of books of account nor would substitute the books of account or constitute the books of account of the assessee regularly maintained - No penalty. Highlights Income Tax Mon, 04 Feb 2019 09:22:20 +0530 https://www.taxtmi.com/highlights?id=44300