Tax audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 November 2012
i have missed to do tax audit of my partnership firm.
Do i can do in this month or not ?
what kind of consequences will happens for that ?
please kindly guide me in this crucial situation
thanks
Do i can do in this month or not ?
what kind of consequences will happens for that ?
please kindly guide me in this crucial situation
thanks
22 November 2012
Penalty u/s 271B will be levied. Penalty is 0.5% of turnover or Rs. 1,50,000, whichever is less.
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