Punjab & Haryana H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in cancelling the penalties imposed on the assessee under s. 271B on the ground that same were not exigible in a case where the audit report under s. 44AB had been obtained on or before the specified date and the same was filed along with a return other than a return under s. 139(1) and no notice had been issued to the assessee by the AO under s. 142(1)(i) ?
High Court Of Punjab & Haryana CIT vs. K.K. Spun Pipe Sections 44AB, 271B Asst. Years 1989-90, 1990-91 D.K. Jain, […]