NOT FILLING RETURN


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 June 2011 A PROPRIETOR DID NOT FILE HALF YEARLY RETURN SINCE LAST 3 YEARS EVEN THOUGH HE DEPOSITED S. TAX WITHIN DUE DATE. HE WANTED TO FILE RETURN WITH PENATY. NOW HOW MUCH HE WILL PAY AND WHICH CODE HE DEPOSITE THE PENALTY

20 June 2011 penalty is
upto 15 days - 500/-
upto 30 days - 1000/-
thereafter 100/- per day of default subject to maximum 20000/- per return

for accounting codes, please look at GAR7 challan backside

21 June 2011 If there is no taxable turn over then file nil return as on to-day for all the years for which no return has been filed. Let the department levy the penalty. Before levy of the penalty they will serve a notice and at the time you can give the reasons and the minimum penalty as suggested by U. S. Sharma can be paid


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details