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![No Penalty When there is Reasonable Cause for Failure to Comply with Section 44AB: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "No Penalty When there is Reasonable Cause for Failure to Comply with Section 44AB: ITAT [Read Order]")
No Penalty When there is Reasonable Cause for Failure to Comply with Section 44AB: ITAT [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) in Dr. Shantanu Datta vs. ITO, held that penalty under Section 271B of the Income Tax...