https://www.taxtmi.com/caselaws?id=55802 The appeal against the penalty under s. 271B was allowed as the Tribunal directed the AO to cancel the penalty imposed on the share-broker firm for not undergoing audit despite receiving commission. en-us Tue, 20 Mar 2001 00:00:00 +0530 Tue, 30 Nov 2010 11:58:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55802 The appeal against the penalty under s. 271B was allowed as the Tribunal directed the AO to cancel the penalty imposed on the share-broker firm for not undergoing audit despite receiving commission. Case-Laws Income Tax Tue, 20 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55802