Penalty u/s 271B for not maintaining books voided as contractor's estimated income was accepted by Assessing Officer.

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....Levy of penalty u/s 271B - violation of section 44AB - assessee has failed to maintain the books of accounts - assessee is a Civil Contractor - the assessee has offered an income on estimate basis and the same is accepted by the A.O. - penalty u/s. 271B imposed by the A.O in this case cannot be sustained. - AT....