Sh. Yasir Bilal Khan Vs DCIT (ITAT Amritsar) ITAT Amritsar held that Penalty u/s 271B for non-furnishing of Audit Report within specified date leviable as assessee failed to prove nexus between non-completion of the audit report u/s. 44AB with the flood of Kashmir. Facts- The penalty was levied by the ld. AO u/s. 271B of […]

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