https://www.taxtmi.com/highlights?id=57825 Penalty u/s 271B - non-filing of Tax audit report u/sec. 44AB of the Act within the due date under section 139(1) - Due to technical issues and pressure of work, the assessee firm could not file their return of income within the due date specified under section 139(1) - Thus the delay is filling is not a wanton act and the explanations has a reasonable cause. - Penalty directed to be deleted - AT en-us Mon, 03 May 2021 11:27:06 +0530 Mon, 03 May 2021 11:27:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57825 Penalty u/s 271B - non-filing of Tax audit report u/sec. 44AB of the Act within the due date under section 139(1) - Due to technical issues and pressure of work, the assessee firm could not file their return of income within the due date specified under section 139(1) - Thus the delay is filling is not a wanton act and the explanations has a reasonable cause. - Penalty directed to be deleted - AT Highlights Income Tax Mon, 03 May 2021 11:27:06 +0530 https://www.taxtmi.com/highlights?id=57825