Form Vat 20
This query is : Resolved
07 December 2010
Dear Sir,
I didn't yet filed Form 20 for financial year 2009-10 which was absolutely NIL.
So my question is if i am going to file now is there any penalty for nil return ???
Kindly suggest .....
Thanks,
Krishna
I didn't yet filed Form 20 for financial year 2009-10 which was absolutely NIL.
So my question is if i am going to file now is there any penalty for nil return ???
Kindly suggest .....
Thanks,
Krishna
Hitender Gaur
(Expert)
08 December 2010
In which state- In Delhi DVAT-20 is Tax Deposit Challan, In DVAT on delay file of return Rs. 100/- per day penalty is payable which is maximum upto Rs. 10,000/- per return.
If you are talking about any other state kindly provide the name of state.
If you are talking about any other state kindly provide the name of state.
Message likes :
1 times
Amit Bajaj
(Expert)
08 December 2010
Under PVAT Act VAT 20 is an annual statement. If its not filed within time penalty of Rs 100 per day may be levied irrespective of the fact whether it was NIL or not unless there is reasonable cause justifying the delay.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Transfer of Physical Stock Between Two Proprietorship Concerns
- MSME disclosure and disallowance
- Taxation of crypto futures in India Fy 2026- 2027
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
