Penalty u/s 271(1)(b) Waived Due to Seized Ledgers Hindering Compliance with Section 142(2A) Audit Requirements.

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....Levy of penalty u/s. 271(1)(b) - Non compliance requirement in respect of special audit u/s. 142(2A) - relevant ledgers for all the years under consideration were impounded by the Ld. AO in the course of assessment itself which has prevented the assessee in making compliance to the requirements of the special auditors for getting the special audit u/s. 142A of the Act completed - No penalty - AT....