https://www.taxtmi.com/highlights?id=66580 Levy of penalty u/s 271B - default u/s 44AB - failure to get accounts get audited - Contradictory stand of the appellant when he contended that due to seizure of books by the sales tax authorities, audit of accounts under Section 44AB of the Act got delayed. Additionally, Tribunal held that appellant did not file the income tax return voluntarily but it was in response to a notice under Section 148 of the Act. - Penalty confirmed - HC en-us Wed, 16 Nov 2022 15:01:05 +0530 Wed, 16 Nov 2022 15:01:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66580 Levy of penalty u/s 271B - default u/s 44AB - failure to get accounts get audited - Contradictory stand of the appellant when he contended that due to seizure of books by the sales tax authorities, audit of accounts under Section 44AB of the Act got delayed. Additionally, Tribunal held that appellant did not file the income tax return voluntarily but it was in response to a notice under Section 148 of the Act. - Penalty confirmed - HC Highlights Income Tax Wed, 16 Nov 2022 15:01:05 +0530 https://www.taxtmi.com/highlights?id=66580