Is penalty (of ₹1K or ₹5K depending on IT slab) applicable for belated ITR filing of an audited individual, even if the advance income tax is paid or not?
plz clarify.
Total Likes : 1
Menu
Belated ITR filing penalty
Replies (2)
Yes, it is for audited persons also.
Please explain briefly..
Recent Threads
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
- Heard & Seen Around – Your Daily Economi
- Purchase and sales of Shares entry in Tally
- Where to know latest GST HSN Codes and their Rates
- Hsn code and rate cnsl crude oil
- Clarification required on taxation of income from
- Pension Income up to Rs.1,66,250 per month equal t
- Reappointment of Managing Director in a private li
Related Threads
CAclubindia
