Audit for ay 15-16
This query is : Open
rohit mundra
(Querist)
11 June 2016
my client have audit due for ay 15-16( fy 14-15),
he is liable for penalty for non filing of audit report, his turnover is rs 1.5 crore ?
is there any way to save him from penalty?
Kaushik Joshi
(Expert)
12 June 2016
Dear Rohit,
Your client is liable to pay penalty. The only way would be when you reply to the show cause notice of the penalty with a valid reason and the same is waived by the commissioner.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- GSTR9 Annual Return
- Employee secondment
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Ito add credit side of bank
- Reward for festival
- TDS Return Statement Status
- Import of Capital Machine
- Appointment of Auditor By Form ADT-1
- Form 144 TDS Return Validation error
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- Resigning a auditor from the company for misconduct
- LLP audit under companies act
- Concept of Vendor and customner reconciliation
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- INWARD REMITTANCE FOREIGN
- Indian IT Portal issue in computing tax as per UK-India DTAA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
