Tribunal held that assessee got his account audited but same was filed along with return of income which was filed belatedly, penalty could not be imposed under section 271B.(AY. 2015-16)
Jigneshbhai Rasikbhai Savalia v. ITO (2023) 200 ITD 271 (SMC) (Surat) (Trib)
S. 271B : Penalty-Failure to get accounts audited-Audit report filed along with the return-Levy of penalty is not justified.