Mvat non /late filing of returns

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 August 2012 One of my clients has not filed MVAT returns from inception of businees (3-4 years) due to nigligance of his tax consultants.
Now he is ready to file returns.

Is there any relaxation or concession in payment of penalty and fine if he is ready to pay all tax dues?

10 August 2012 No. The discreation is dropped out. You have to pay the late fees.


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