No Penalty if Tax Audit not done on the basis of ICAI Guidance Note : ITAT
No Penalty if Tax Audit not done on the basis of ICAI Guidance Note : ITAT Where assessee was under bona fide belief that as per GuidanceNote issued by ICAI on ‘tax audit under section 44AB’ net result in derivative transaction was to be considered as turnover and accordingly, he would not be liable to get his… Read More »