Home / 
Court Emphasizes Discretion in Imposing Penalties for Minor Breaches u/s 271B of Income Tax Act.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Penalty u/s. 271B - failure to furnish the audit accounts u/s. 44AB - when there is a technical or venial breach of the provisions of law, the ends of justice requires that discretion should not be exercised in favour of punishing a minor default - AT....
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
TaxTMI