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Tag: no stock register maintained

Income Tax

Non Maintenance of Stock register: Whether penalty for non maintenance of books can be imposed?

Non Maintenance of Stock register: Whether penalty for non maintenance of books can be imposed?
November 25, 2021 0 Comments
Non Maintenance of Stock register: Whether penalty for non maintenance of books can be imposed?   There is Penalty under s. 271A for failure to maintain books of account.Question arises whether Non-maintenance of stock register would attract penalty? It may be noted ...
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