Penalty not to be imposed in certain cases - Section 273B

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....71FA, 271FAA[w.e.f. 01/10/2024], 271FAB, 271FB, 271G, 271GA, 271GB, 271GC[w.e.f. 01/04/2025], 271H, 271-I, 271A(1)(c), 272A(2), 272AA(1), 272B, 272BB(1), 272BB(1A), 272BBB(1), 273(1)(b), 273(1)(b)/(c) if he proves that there was reasonable cause for the said failure. Assessee to show reasonable cause: - Where there is failure to comply with notice to produce books of account u/s 142(1), the onus ....