https://www.taxtmi.com/caselaws?id=382656 The Appellate Tribunal held that the filing of Form 3CB audit report with Form 3CD constituted sufficient compliance with the requirements of section 44AB. Consequently, the penalty imposed under section 271B for non-filing of the tax audit report in the prescribed form was deleted, and the assessee's appeal was allowed. The Tribunal emphasized that the assessee had met the necessary audit report filing obligations, rendering the penalty unjustified. en-us Fri, 28 Jun 2019 00:00:00 +0530 Mon, 08 Jul 2019 06:47:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382656 The Appellate Tribunal held that the filing of Form 3CB audit report with Form 3CD constituted sufficient compliance with the requirements of section 44AB. Consequently, the penalty imposed under section 271B for non-filing of the tax audit report in the prescribed form was deleted, and the assessee's appeal was allowed. The Tribunal emphasized that the assessee had met the necessary audit report filing obligations, rendering the penalty unjustified. Case-Laws Income Tax Fri, 28 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382656