Tag Archives: Section 271J

271J Penalty on CA/ Professionals – Reasons for removal -Budget 2017-18 Suggestions

By | March 3, 2017

Suggestions on Clause 86 of Finance Bill 2017- Section 271J- Penalty imposable on chartered accountant for furnishing incorrect information in reports or certificates – Penalty may be removed In order to ensure that the person furnishing report or certificate undertakes due diligence before making such certification, new section 271J is proposed to be inserted so… Read More »