Penality due to late filing of tax audit

This query is : Resolved 

19 February 2013 Can we avoid penalty for the late filing of tax audit report on the following basis:

My client is filing returns from 3 years, for the first time he got tax audit. Now we are filing returns. Now my question is can we avoid penalty on this basis i.e, first time of tax audit. If we can avoid, tell me relevant case law for this.


Its urgent....please give suggestions.

19 February 2013 No, you can't avoid penalty on such ground according to my knowledge.

OM SAI SRI SAI JAI JAI SAI


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