Penalty 271A cannot be sustained when assessee was not covered under Rule 6F assessee furnished adequate information to enable AO…
No scope for imposing penalty u/s 271A in the case of Civil Contractor which is covered u/s 44AA(2) and is…
Increase in threshold limit-books of accounts maintenance us 44AA for Individuals and HUF. New threshold for income 2.5 lakhs and…