HomeNo Penalty if Tax Audit not done on the basis of ICAI Guidance Note : ITAT
No Penalty if Tax Audit not done on the basis of ICAI Guidance Note : ITAT
No Penalty if Tax Audit not done on the basis of ICAI Guidance Note : ITAT

No Penalty if Tax Audit not done on the basis of ICAI Guidance Note : ITAT

 
₹500
Product Description

Where assessee was under bona fide belief that as per GuidanceNote issued by ICAI on 'tax audit under section 44AB' net result in derivative transaction was to be considered as turnover and accordingly, he would not be liable to get his books audited as turnover did not exceed more than Rs. 1 crore, penalty levied under section 271B was to be deleted

Share

Secure Payments

Shipping in India

Great Value & Quality
Payment types
Create your own online store for free.
Sign Up Now