Consequences of tax audit not done

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 March 2014 what are the consequences if a partnership firm having a turnover of Rs. 2.5 crore in the financial year 2012-13 has not got his accounts audited and has also not filed his return of income for the ay 2013-14?
Kindly reply as early as possible

15 March 2014 penalties under 271, 271B, 271f, 276cc are possible.


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