Late filling of return

This query is : Resolved 

28 September 2011 DEAR SIR,
If A Pvt. Ltd. Company Filling Of Return After 30 SEP.2011 Than What Consequence Arise. According To Income tax Act. Or Company Act

28 September 2011 Penalty of Rs. 150000 or 0.5% of Turnover which ever is higher is attracted if return of Income is not filed


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