https://www.taxtmi.com/highlights?id=45781 Penalty u/s. 271A - confusion between the ‘books of account’ as per section 44AA and the ‘accounts’ as per section 145(3) - no finding either by the AO or by the CIT(A) that books or documents being not maintained by the assessee - not maintaining ‘proper accounts' will not attract penalty u/s. 271A en-us Wed, 10 Apr 2019 07:01:40 +0530 Wed, 10 Apr 2019 07:01:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=45781 Penalty u/s. 271A - confusion between the ‘books of account’ as per section 44AA and the ‘accounts’ as per section 145(3) - no finding either by the AO or by the CIT(A) that books or documents being not maintained by the assessee - not maintaining ‘proper accounts' will not attract penalty u/s. 271A Highlights Income Tax Wed, 10 Apr 2019 07:01:40 +0530 https://www.taxtmi.com/highlights?id=45781