Consequences of non-filing of it return

This query is : Resolved 

11 September 2014 My company is under tax audit. What will be the consequences if I dont upload the IT Return on or before 30th September, 2014.

11 September 2014 Belated returns cannot be revised. Carry forward Loss if any can not be claimed.

11 September 2014 No revision of return, loss c/fd not allowed. Interest u/s 234A, 234B.


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