ZENITH OUTDOORS PRIVATE LIMITED ,MUMBAI vs. INCOME TAX OFFICER WARD, 1(3)(1), MUMBAI
In the result, both the appeals of the assessee are allowed
ITA 5482/MUM/2024[2016-17]Status: DisposedITAT Mumbai17 Dec 2024AY 2016-17
Bench: SHRI AMIT SHUKLA (Judicial Member), MS PADMAVATHY S (Accountant Member)
Section 134Section 134(1)Section 139(1)Section 147Section 148Section 271BSection 273BSection 44A
statutory audit is compulsorily to be Zenith Outdoors Pvt. Ltd., carried out and both the Directors have to sign the audit report.
Section 134(1) reads as under:-
“134.[(1) The financial statement, including consolidated financial statement, if any, shall be approved by the Board of Directors before they