{"id":10414,"date":"2020-03-09T10:33:28","date_gmt":"2020-03-09T10:33:28","guid":{"rendered":"http:\/\/itatonline.org\/digest\/k-borra-reddy-v-ito-2019-76-itr-78-sn-hyd-trib\/"},"modified":"2020-03-09T10:33:28","modified_gmt":"2020-03-09T10:33:28","slug":"k-borra-reddy-v-ito-2019-76-itr-78-sn-hyd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/k-borra-reddy-v-ito-2019-76-itr-78-sn-hyd-trib\/","title":{"rendered":"K. Borra Reddy v. ITO (2019) 76 ITR 78 (SN) (Hyd.)(Trib)"},"content":{"rendered":"<p>Tribunal held that, assessee suffered from neurological problems since, 2014 and was compelled to take the assistance of his manager and accountant, to look after his business activities. However, they failed to co-ordinate with the auditor\u2019s office and the audit could not be completed within the stipulated time and there was a delay in filing the audit report. The assessee had a reasonable cause for delay in filing the audit report. Hence penalty u\/s.271B\u00a0is not warranted. (AY.2016-17)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 271B : Penalty-Failure to file audit report within time-reasonable cause for delay\u2013Audit report filed before assessment proceedings- Penalty is not warranted. <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10414","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2HY","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=10414"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10414\/revisions"}],"predecessor-version":[{"id":10415,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10414\/revisions\/10415"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=10414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=10414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=10414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}