https://www.taxtmi.com/highlights?id=46624 Penalty u/s 271B - TAR u/s 44AB upto 30th Sep., 2012 - The criminal proceedings were mounted in January, 2012 and the bail was granted in May, 2012 therefore even if the medical reasons of one of the director is accepted, it cannot be accepted that the other director was free enough to run business but was not capable to get the accounts audited - penalty upheld en-us Mon, 20 May 2019 07:02:47 +0530 Mon, 20 May 2019 07:02:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46624 Penalty u/s 271B - TAR u/s 44AB upto 30th Sep., 2012 - The criminal proceedings were mounted in January, 2012 and the bail was granted in May, 2012 therefore even if the medical reasons of one of the director is accepted, it cannot be accepted that the other director was free enough to run business but was not capable to get the accounts audited - penalty upheld Highlights Income Tax Mon, 20 May 2019 07:02:47 +0530 https://www.taxtmi.com/highlights?id=46624