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Penalty for non auditing

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(Querist)
29 June 2014 Respected Sir/Expert
What is the penalty for non-auditing? Who will bear these penalties?

Thanks in advance
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Guest (Expert)
29 June 2014 http://taxguru.in/income-tax/no-penalty-us-271b-if-the-audit-report-is-obtained-within-the-due-date-but-return-is-filed-after-the-due-date.html


http://tnkpsc.com/Image/file/IT-Penalty_271B.pdf
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Bindu Sharma

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Bindu Sharma (Querist)
29 June 2014 Respected Sir,
Thank You for your reply and I also have a query regarding who will bear these Penalties
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Guest

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Guest (Expert)
29 June 2014 the company,firm,partnership who is un audited

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