Late filing of return of income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 September 2014
The assessee filed an income tax return on 29/03/2014 and audit report for financial year 2011-12 relating to assessment year 2012-13. What are the consequences or levying of penalties in this case.
23 September 2014
Rs 1 lakh penalty can be under section 271B
23 September 2014
Rs 1 lakh penalty can be under section 271B
24 September 2014
Mr Nikhil Kaushik is right but it is half % of turnover, subject to maximum of Rs.1 lac
24 September 2014
Mr Nikhil Kaushik is right but it is half % of turnover, subject to maximum of Rs.1 lac
24 September 2014
Mr Nikhil Kaushik is right but it is half % of turnover, subject to maximum of Rs.1 lac
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
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- Under construction property in ITR
- PPF interest-As Exempt Income disclosure
- Pass word to open justification report for Q1 for FY 2026-27
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- Booth for sales promotion
- ITR 4 OR ITR 3 WHICH FORM CHOOSE
- Average Cost Of High Quality Diamonds
- TAX AUDIT QUESTION
- VALUATION OF PRIVATE LIMITED COMPANY SHARES
- LIABILITY ADJUSTMENT
- Capital Gains on sale of residential flat
- Accounting with Claude
- 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
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
