Late fees/penalty for late filing of st-3 returns
This query is : Resolved
23 December 2013
We have not filed the ST-3 returns for the financial year 2008-09, 2009-10 and 2010-11. During these relevant years late fees for late ST-3 returns was Rs. 2000 (Maximum).
But as of now the maximum amount of late fees is Rs. 20000.
So if now I would file the st-3 returns, should the late fees be rs. 2000 or 20000. And will it be late fees or penalty.
Also can i opt for VCES, provided all the due taxes for all these years have been deposited long back in 2010-2011.
But as of now the maximum amount of late fees is Rs. 20000.
So if now I would file the st-3 returns, should the late fees be rs. 2000 or 20000. And will it be late fees or penalty.
Also can i opt for VCES, provided all the due taxes for all these years have been deposited long back in 2010-2011.
23 December 2013
You can opt for VCES only in case you have any tax dues pending from 01st October, 2007 to 31st December, 2012 and the same had not been deposited.
There is divergent views for levy of late filing fees of Rs. 2000/- or 20000/- for periods before 2011
There is divergent views for levy of late filing fees of Rs. 2000/- or 20000/- for periods before 2011
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
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Putting a heading on received mail
- Consolidated financials
- Reprocessing of rectification order AY 2025-26
- Section 50-fixed asset-->building ceases to exist
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- TDS on TRUST
- 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
- 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
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
