https://www.taxtmi.com/caselaws?id=469907 For a Kaccha Arahtia, sales effected on behalf of principals are excluded from turnover for section 44AB, and only gross commission is relevant. On that basis, sale proceeds credited to the bank account could not be treated as the assessee's own turnover for audit purposes. Since the assessee's status as a Kaccha Arahtia was undisputed, the foundation for compulsory audit failed, and penalty under section 271B for not obtaining audit under section 44AB was unsustainable and deleted. en-us Tue, 11 Mar 2025 00:00:00 +0530 Wed, 08 Jul 2026 20:43:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469907 For a Kaccha Arahtia, sales effected on behalf of principals are excluded from turnover for section 44AB, and only gross commission is relevant. On that basis, sale proceeds credited to the bank account could not be treated as the assessee's own turnover for audit purposes. Since the assessee's status as a Kaccha Arahtia was undisputed, the foundation for compulsory audit failed, and penalty under section 271B for not obtaining audit under section 44AB was unsustainable and deleted. Case-Laws Income Tax Tue, 11 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469907