https://www.taxtmi.com/highlights?id=47410 Penalty u/s 271B - failure to get the accounts audited u/s 44AB - It is the mandatory obligation of the assessee to get the accounts audited and submit the Audit report before the due date. The illiteracy or ignorance of the partners is not a sufficient reason. en-us Mon, 24 Jun 2019 07:35:01 +0530 Mon, 24 Jun 2019 07:35:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=47410 Penalty u/s 271B - failure to get the accounts audited u/s 44AB - It is the mandatory obligation of the assessee to get the accounts audited and submit the Audit report before the due date. The illiteracy or ignorance of the partners is not a sufficient reason. Highlights Income Tax Mon, 24 Jun 2019 07:35:01 +0530 https://www.taxtmi.com/highlights?id=47410