Assessing agriculture income as business income no basis for imposing penalty u/s 271A as it would not ipso facto lead…
Penalty 271A cannot be sustained when assessee was not covered under Rule 6F assessee furnished adequate information to enable AO…
If books of account not maintained penalty u/s 271B cannot be levied for non audit u/s 44AB. ITAT deleted penalty…
No penalty u/s 271A when assessee was under Bonafide belief that being covered under section 44AF he was not required…
No scope for imposing penalty u/s 271A in the case of Civil Contractor which is covered u/s 44AA(2) and is…