GST Exclusion from Turnover for Tax Audit Penalty: Mumbai ITAT Deletes Section 271B Penalty

Mumbai ITAT deletes Section 271B penalty, holding assessee’s bona fide belief on GST exclusion from turnover constituted reasonable cause. The post GST Exclusion from Turnover for Tax Audit Penalty: Mumbai ITAT Deletes Section 271B Penalty appeared first on TaxGuru .