If not submit fy 2010-11 riturn on due date
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 September 2011
SIR/MADAM
I WANT TO KNOW IF I CANT SUBMIT AUDIT RIPORT ON TODAY 30-09-2011 FOR FY 2010-11
WHAT IS THE PROVISION OF PENALTY OF INTEREST
I WANT TO KNOW IF I CANT SUBMIT AUDIT RIPORT ON TODAY 30-09-2011 FOR FY 2010-11
WHAT IS THE PROVISION OF PENALTY OF INTEREST
30 September 2011
Dear Arun,
Tax Audit = Audit should be done and signed before 30th September.
There is no need to file tax audit report as such however the audit should be completed and signed before 30th.
Contravention = Penalty = Rs. 1 Lac
Return Filing = last date 30th September if covered under Section 44AB i.e. Tax audit.
Contravention = Interest u/s 234A,B & C if any tax is payable.
Further you will not be able to carry forward any loss of that particular year except unabsorbed depreciaiton.
Hope you will get your answers.
Tax Audit = Audit should be done and signed before 30th September.
There is no need to file tax audit report as such however the audit should be completed and signed before 30th.
Contravention = Penalty = Rs. 1 Lac
Return Filing = last date 30th September if covered under Section 44AB i.e. Tax audit.
Contravention = Interest u/s 234A,B & C if any tax is payable.
Further you will not be able to carry forward any loss of that particular year except unabsorbed depreciaiton.
Hope you will get your answers.
30 September 2011
You need not submit the audit report at the time of filing return however your audit should have done before this due date.
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
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- Taxable or Tax exempt
- ADVANCE PAYMENT OF ADVOCATE
- TDS Deducted AY-2013-14 Not Reflected in 26as
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- NRI starting business in India
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- REGARDING ANNUAL RETURNS FILLINGS OF A COMPANY INCORPORATED ON 28.03.2025
- TDS Return Q1 FY 2026-27
- 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
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
