Itr
This query is : Resolved
24 November 2015
I have not filed ITR for the financial year 2013-2014 and 2014-2015 of a Unlisted public company. What will be the penalty and consequences
24 November 2015
File it now with tax and interest payment penalty may not be levied.
24 November 2015
Sir what is the interest will be levy be AO and under section 234A any amount will levy
24 November 2015
If there is tax due, interest u/s 234A will be levied @1% Per month or part of a month for the delayed filing.
If tax due is more than Rs.10,000 and advance tax is not paid or short paid, interest will be levied u/s 234B and 234C for short payment and deferment of advance tax respectively.
If tax due is more than Rs.10,000 and advance tax is not paid or short paid, interest will be levied u/s 234B and 234C for short payment and deferment of advance tax respectively.
24 November 2015
Wile filing the return through on line it will calculate all interest due. Remit the amount and file the return. Now on line filing of the return is compulsory for companies.
24 November 2015
And If there is no Taxable Income then what will be interest and late filing fee
24 November 2015
If there is no taxable income nothing is payable while filing the return.
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
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Value of property in capital gain
- Copyright software
- Form 121 & TDS deduction
- Transporter Declaration form
- Regarding TDS Applicability For Director Remuneration
- LC charges in relation to Asset purchased should be Capitalised ?
- Regarding appeal to GSTAT
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
