Penalty for not getting books audited not leviable once penalty for non-maintenance of books levied

Rakesh Kumar Agarwal Vs ITO (ITAT Jaipur)

ITAT Jaipur held that once the penalty is levied for non-maintenance of book of accounts, there cannot be further default for not getting the same audited as required u/s 44AB of the Act and therefore, the penalty levied u/s 271B is not justified.

Facts- During the course of assessment proceedings, AO observed that the assessee is required to keep and maintain books of account u/s. 44AA and the total sales turnover is exceeding to

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