[aaykarbhavan] ITAT : Speculative transactions' profit irrelevant for Sec 44AB; Confirms penalty for tax audit failure

Anahaita Nalin Shah

ITAT upholds penalty u/s 271B for tax audit default; Assessee had entered into speculative share transactions where value exceeded prescribed limit for tax audit u/s 44AB;

 

Regards

Prarthana Jalan

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