Penalty u/s 271B Not Applicable Without Book Maintenance; Section 271A Applies Instead for Non-Maintenance.

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....Penalty u/s 271B - non-audit of books of account - if a person has not maintained the accounts book or any accounts the question of its audit does not arise and in such an event the imposition of penalty is under the provision contained in section 271A, hence, the penalty proceedings u/s 271B would not apply - no penalty....