Penalty u/s 271B for Late Tax Audit Report Hinges on Appellate Order Outcome; Proceedings Delayed Per Section 275.

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....Penalty u/s. 271B - Non furnishing of Tax Audit Report within the prescribed period u/s 44AB - Limitation to impose penalty u/s 275 - quantum of penalty to be imposed u/s 271B was dependent on the outcome of appellate order u/s 250 - AO has validly kept the penalty proceedings in abeyance till disposal of appeal....