https://www.taxtmi.com/caselaws?id=441000 The Tribunal allowed the appeal, finding a reasonable cause for the delay in filing the audit report under section 44AB of the Income Tax Act, 1961. Consequently, the penalty imposed under section 271B was directed to be deleted. The Tribunal upheld the grounds raised by the assessee, resulting in the appeal being allowed. en-us Thu, 27 Jul 2023 00:00:00 +0530 Sun, 30 Jul 2023 19:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441000 The Tribunal allowed the appeal, finding a reasonable cause for the delay in filing the audit report under section 44AB of the Income Tax Act, 1961. Consequently, the penalty imposed under section 271B was directed to be deleted. The Tribunal upheld the grounds raised by the assessee, resulting in the appeal being allowed. Case-Laws Income Tax Thu, 27 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441000