https://www.taxtmi.com/caselaws?id=60446 The Tribunal allowed the appeal, ruling in favor of the assessee and canceling the penalty imposed under section 271B for failure to enclose the tax audit report as required under section 44AB. The Tribunal found that the failure to enclose the report was a technical mistake that could have been rectified by issuing a deficiency letter. They held that there was a sufficient cause for the failure, as the audit report was obtained and paid for before the due date, and therefore, the penalty was not justified. en-us Mon, 30 Jun 2003 00:00:00 +0530 Tue, 19 Jun 2012 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60446 The Tribunal allowed the appeal, ruling in favor of the assessee and canceling the penalty imposed under section 271B for failure to enclose the tax audit report as required under section 44AB. The Tribunal found that the failure to enclose the report was a technical mistake that could have been rectified by issuing a deficiency letter. They held that there was a sufficient cause for the failure, as the audit report was obtained and paid for before the due date, and therefore, the penalty was not justified. Case-Laws Income Tax Mon, 30 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60446