Whether assessee’s failure to get its accounts audited on ground that its entire income was exempt constitutes a reasonable cause?

IN THE ITAT LUCKNOW BENCH ‘A’

Cane Development Union

Versus

Assistant Commissioner of Income-tax

IT APPEAL NOS. 508 & 509 (LUCK.) OF 2011

[ASSESSMENT YEARS 2006-07 & 2007-08]

SEPTEMBER 19, 2012

ORDER

Sanjay Arora, Accountant Member

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