44AB TOMORROW FILING PENALTY

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164 Points Posted on 15 February 2022
44AB TOMORROW FILING PENALTY
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On 15 February 2022 at 15:34 Report
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Finance/Compliance Consultant
69118 Points Posted on 01 July 2026

Failure to file your tax audit report on time attracts a penalty under Section 271B, which is the lower of 0.5% of your turnover/gross receipts or Rs. 1,50,000. Exceptions may be made if you can demonstrate a reasonable cause for the delay

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On 01 July 2026 at 10:44

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