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Section 44AB - What if ITR not filed by Sep?

Posted by Lucknow CA Club 29 September 2009 26681 Views

Dear Friends,Everytime the deadlines approches, there seems to be a lot of confusion over if the penalty 271B for failure to "furnish" the Tax Audit Report u/s 44AB. The confusion appears to have arisen due to fragmented reading of circular




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