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
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
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
- About TDS & Income Tax
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Pass word to open justification report for Q1 for FY 2026-27
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Booth for sales promotion
- Capital Gains on sale of residential flat
- F & O PROFIT REPORTING FOR AY 2026-27
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
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
