S. 271B No penalty for non-furnishing of audit report within due date if same was obtained before due date

Mr Prem Prakash Senapati Vs ITO (ITAT Cuttack)

CBDT Circular No.03/2009 dated 21.5.2009 provides as under:

“”7. Following clarifications are also issued in respect of certain issues arising from furnishing the returns in the above-mentioned forms:

(i) An assessee should obtain the report of audit from an accountant under section 44AB of the Act on or before

Please become a Premium member. If you are already a Premium member, login here to access the full content.