Non filing of company return
This query is : Resolved
11 January 2023
Dear Sir,
What are the consequences if the auditor does not file income tax return of a Pvt Ltd company for fy 2021-22 which is not liable for tax audit.
The return was not filed as the director of the company didn't pay him the past year's audit fees. It is a loss making company.
Please advise.
Regards,
Divyesh Jain
What are the consequences if the auditor does not file income tax return of a Pvt Ltd company for fy 2021-22 which is not liable for tax audit.
The return was not filed as the director of the company didn't pay him the past year's audit fees. It is a loss making company.
Please advise.
Regards,
Divyesh Jain
12 January 2023
The loss can't be carried forward.
But condonation application can be filed online under section 119(2)(b) in view loss carried forward.
After condonation approval file ITR.
But condonation application can be filed online under section 119(2)(b) in view loss carried forward.
After condonation approval file ITR.
12 January 2023
But will there be any liability for the auditor for not filing the return.
12 January 2023
No liability on the auditor due to non payment of fees.
12 January 2023
Thank you Sir......
12 January 2023
You are welcome......
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