Penalty under wealth tax for late filing of return

This query is : Resolved 
 

(Querist) 16 November 2013

Dear all friends,
plz tell me what is the penalty under wealth tax act for late filing of return in FORM-BA????( is this penalty is similar like section 271F of income tax act Rs. 5000/-)


B.Chackrapani Warrier (Expert) 16 November 2013

No penalty is imposable for delay in furnishing the return of net wealth.



You need to be the querist or approved CAclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :






close x