Tax audit

This query is : Resolved 

30 September 2013 sir,
in cas assessee liable for tax audit,
& tax audit report uploaded by auditor & aproved by assessee but assessee is fail to file income tax return before due date

my query is

1. is assessee is liable for any penalty for non filing of income tax return

thanks in advance

01 October 2013 penalty under 271f shall apply. Rs 5000.

01 October 2013 penalty under 271(F) shall apply. Rs 5,000


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