Consequences for not filing the audit report
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 September 2014
EXPERTS PLZ ASSIST....There is a client who was liable to get his accounts audited for the A.Y 2013-14 but he has not done so. What will be the consequences and penalty for the same....is there any way to save him from the penalty???
13 September 2014
Penalty U/s 271 B attracted .
No way to save if actually required get audit report because online filing of audit report made mandatory.
No way to save if actually required get audit report because online filing of audit report made mandatory.
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