Dear Friends/sir/ma'am
After getting a letter of 234E late filing fee for December quarter ( non salary) i have paid the fees by challan. Will I have to file correction statement mentioning this late filing fees in it ?
There was no tax liability . There was late filing fee only. If somebody says that if ther is only late filing fee and no tax component there is no need to file returns.is is correct?
Please guide.
If u have paid the late fee, no need to file correction statement
dear anand thank you for the reply but please tell me where i can find it is written so that i can be 100% sure.
No you have to file correction return to consume the challan which you've paid, to close the default.
Otherwise the Default will not get closed. and your challan willbe in unconsumed challans list.... after two three years if you not at all filed such correction., your default will not at all closed., there is possibility of losing such challan also....
thank you AUSTINE and
e.filer B.Com/ Hyderabad
this gives me full informtn
i m now satisfied
and wish to give heartiest thanks to all repliers.
CAclubindia
