Failure to furnish Audit Report of Accounts Audited by Cooperative Department Auditor within specified date u/s 44AB of the Income Tax Act: ITAT Upholds Penalty

By Aparna. M - On June 28, 2023 10:00 am - 2 mins read
ITAT -Failure -Audit Report- Accounts -Cooperative Department -Auditor-income tax-taxscan

The Cochin Bench of Income Tax Appellate Tribunal (ITAT) has held that the Co-operative  department auditor failed to furnish audit report of account within the specified date under section 44AB of Income Tax Act, 1961 The assessee, Paravur Service Cooperative Bank Ltd is a Co-operative Society registered under the Kerala Cooperative Societies Act, 1969. The…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader