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![No Penalty If Non-Furnishing Tax Audit Report was due to Bona fide reasons: ITAT [Read Order] No Penalty If Non-Furnishing Tax Audit Report was due to Bona fide reasons: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/10/Tax-Audit-Reports-CBDT-Taxscan.jpg)
No Penalty If Non-Furnishing Tax Audit Report was due to Bona fide reasons: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the penalty under section 271B of the Income Tax Act, 1961 is not leviable if...