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Penalty for late filing tax audit report (Income Tax)

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This query is : Resolved


( Author )
24 September 2012

What is the penalty & procesure for filing tax audit report after due date.


Dintakurthi Tirumala

( Expert )
24 September 2012

0.5% on gross turnover/receipts maximum of Rs.150000.

OM SAI SRI SAI JAI JAI SAI


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