petitions, principal submissions have been made, one regarding the validity of Section 44AB and Section 271B of the Income-tax Act and second, regarding interpretation ... 44AB and 271B of the Income-tax Act. Sections 44AB and 271B were introduced by the Finance Act of 1984, which read as under
respective petitioners have moved these petitions challenging the validity of section 44AB of the Income-tax Act, 1961, which has been placed on the statute ... more unintelligible in view of the amendment of the proviso to section 44AB permitting a class of assessees which is required to have the accounts
referred
to as "the TAR") to be filed under section 44AB of the Act to
30th November, 2014.
6. A return of income ... filing of income tax
return or along with the same as section 44AB of the
Act provides that the specified date for getting the books
Constitution, challenge is made to the constitutional validity of ss. 44AB and 271B of the I.T. Act, 1961 (hereinafter called ... introduced in Appendix II.of the said Rules. Section 44AB provides for compulsory audit of the accounts of the class of assessees specified therein
having discharged the obligation placed upon it as per provisions of Section 44AB of the IT Act, 1961, only by submitting provisional accounts ... such, in view of the provisions contained in Section 44AB of the IT Act, the assessee was required to obtain the audit report before
petitioners in these writ petitions have challenged the constitutional validity of s. 44AB of the I.T. Act of 1961 (Central ... Central Act No. 11F of 1984) has, inter alia, incorporated s. 44AB to the Act and the same has come into force from April
obtain the report of such audit before the date prescribed under Section 44AB.
2. For the asst. yr. 1994-95, the assessee has filed ... audited.
3. The assessee's contention was that since under Section 44AB, three expressions (i) 'total sales', (ii) 'turnover
covers the same field as Section 44AB of the said Act as regards its constitutionality. However, at the time of arguments the question of vires ... Government of West Bengal, as well as by the auditor under Section 44AB of the said Act.
3. In almost all the relevant assessment years
rectify the defect by submitting the statutory audit report under Section 44AB of the Act, 1961, by 7th July, 1995. Petitioner on 6th June ... audit report on 2nd March, 1996. The report as required by Section 44AB of the Act, 1961, was finalized
turnover was more than Rs. 40 lakhs. Therefore, in terms of Section 44AB of the Act. it was required to file return latest by July ... ends on March 31, 1985 and as per the provisions of Section 44AB the assessee was required to get its accounts audited and obtain
