https://www.taxtmi.com/caselaws?id=310174 The Tribunal allowed the appeal, directing the Assessing Officer to delete the penalty imposed under section 271B of the Income Tax Act, 1961. The decision was based on the finding that the late filing of the audit report was a technical breach without any malicious intent, as the report was submitted before the completion of assessment proceedings. en-us Fri, 21 Apr 2023 00:00:00 +0530 Thu, 12 Oct 2023 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310174 The Tribunal allowed the appeal, directing the Assessing Officer to delete the penalty imposed under section 271B of the Income Tax Act, 1961. The decision was based on the finding that the late filing of the audit report was a technical breach without any malicious intent, as the report was submitted before the completion of assessment proceedings. Case-Laws Income Tax Fri, 21 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310174