#Section 271B
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233 articlesIncome Tax
Income Tax
Sec. 271B No penalty on club having bonafide belief of mutuality
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Income Tax
Give CBDT Powers to Grant Immunity From Penalty U/S.271B
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No Penalty on Tax Audit Report Obtained on last day of due date
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Income Tax
Penalty U/s. 271B by ITO exceeding Rs. 10,000 in absence of prior approval of Joint Commissioner not valid
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No Penalty U/s. 271B for by mistake filing of unsigned report of auditor
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Tax Audit Provision applies to Income From Partnership Firm
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Tax Audit applicable to Partners on Income from Partnership Firm
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If No Books of Account then no question of audit & no penalty for not getting tax audit done
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Income Tax
