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

Lucknow CA Club , Last updated: 29 September 2009  
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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 No 5. The circular no 5 dated 26-07-2007 states the fo

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Lucknow CA Club
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Category Income Tax   Report

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