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Income tax audit

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07 December 2019 Whether there would be penalty for non filing of Tax audit report if Tax audit report in form of 3CA-3CD has been uploaded by Chartered Accountant but not accepted by assessee....Plz reply.....
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Ayush Agrawal

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Ayush Agrawal (Expert)
07 December 2019 yes, it might be charged by the department at the time of assessment by imposing penalty under section 271B.

It is better accept tax audit form now without being waiting for any departmental notice.

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