Penalty for late filing tax audit report

This query is : Resolved 
 

(Querist) 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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