What are the consequenses if someone do not E-File ITR-4 & ITR-5 if he/they are under Tax Audit?
Kindly reply
Regards
Menu
E-FILING OF ITR-4 & ITR-5
Replies (2)
There are specific penal provisions for
Not filing return before end of the A.Y- Rs 5000 (271F)
Not submitting the Audit report by due date
etc
THIS IS NOT A COMPLETE ANSWER PLEASE WAIT FOR OTHER REPLIES
As per the latest press release by IT deptt. dt 12-07-2010 every person whose accounts are audited is required to file his return electronically. It is now mandatory for such person whose accounts are audited u/s 44AB. If such an return is not e-filed then the phisical return may be treated as invalid return.
Recent Threads
- ITR -property dealer
- Warehouse Registration, Whether mandatory?
- Time limit for claiming Input GST credit
- Gst rate and Sac code or RCM attract
- Poll: Do you spend > 30 min/day fixing Tally JSO
- Interest on Accident Claim by Minor
- Capital Gain and Basic Exemption Limit
- Loan to wife and interest income husband income or
- AOC-4 is not being filed
- Returning the shares gifted by daughter?
Related Threads
CAclubindia
