Assessing agriculture income as business no basis for penalty u/s 271A for non maintaining books
February 27, 2023
Income Tax, ITAT
Assessing agriculture income as business income no basis for imposing penalty u/s 271A as it would not ipso facto lead to conclusion that assessee was aware of the requirement maintaining books of accounts u/s 44AA ABCAUS Neutral Case Law Citation:ABCAUS 3677 (2023) (02) ITAT In the instant case, …