Wednesday, August 21, 2019

Demise of Chartered Accountant not a reasonable cause for not Auditing Books of Accounts: ITAT [Read Order]

The demise of the Chartered Accountant of the assessee cannot be a ‘reasonable cause’ for not auditing books of accounts under the Income Tax Act, 1961, said the Cochin bench of the Income Tax Appellate Tribunal (ITAT). In the instant case, no audit report has been filed for the assessment year 2009-2010. It is the […]

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