Penalty u/s 271B not leviable as delay of one day due to technical letches is venial in nature

Sushila Devi Vs ACIT (ITAT Jaipur) ITAT Jaipur held that penalty u/s 271B not leviable for mere delay of one day as such delay didn’t have any deliberate intention. The delay if any is on account the reasons on the technical letches on the portal and the same is venial in nature. Facts- The assessee having total turnover of Rs. 20,88,24,297/- is obliged to get her books of accounts audited as per provisions of section 44AB of the Income Tax Act, 1961 and submit the audit report within stipulated time. Notably, the assessee furnishes the said audit report on 08.11.2018 i.e. after the due date...