Bench: Shri Sandeep Gosain & Shri O.P.Meena, Accoutant Member आ.अ.सं/.I.T.A No.1638,2124,2126,2128/Ahd/2014 िनधा"रण वष"/Assessment Year:1994-95,1995-96, 1996-97 & 1997-98 Shri Ratilal Khushaldas Mali, बनाम Assistant Commissioner Opp. Hanuman Temple, Mota Of Income Tax, Navsari Vs. Bazar, Navsari Circle- Navsari Pan: Adbpm 3081 F अपीलाथ" Appellant ""यथ"/Respondent
capital gains, therefore, he had a bonafide belief that he is not required to get audited his books of accounts as required as per provisions of section 44AB of the Act. The penalty for non-compliance cannot be levied without reading the provisions of Section 271B