Please advice wheather penalty u/s 271F of Income Tax applicable for filling of NIL return for Assessment year 2012-13 & Assessment Year 2011-2012.
CA RAJA SAHA (Dy Manager(F &A)) (321 Points)
07 September 2013Please advice wheather penalty u/s 271F of Income Tax applicable for filling of NIL return for Assessment year 2012-13 & Assessment Year 2011-2012.
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 07 September 2013
Dear Sir,
yes, the penalty could also be levied in such cases..
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
