What is the penalty for non filling out Firm 61
please quote section too!
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Form 61
Replies (7)
hundred rupees for every day during which such failure continues:
section 271FA
section 271FA
that is w.r.t to SFTs (61A) and reportable accounts(61B) right?????
and btw it's 500/day and not 100
and btw it's 500/day and not 100
yeah you right... I was supposed to type five hundred rupees and accidentally five was cropped....
could please tell me the purpose of form 61 bcoz I think, form 61 has been replaced with form 61a
could please tell me the purpose of form 61 bcoz I think, form 61 has been replaced with form 61a
if someone doesn't have a PAN then he needs to submit a declaration in form 60 to (say bank)
Then the bank needs to report such 'no PAN' (form-60) cases in Form 61
Then the bank needs to report such 'no PAN' (form-60) cases in Form 61
thanks for the enlightenment..
what??
At least tell me the penalty now?
At least tell me the penalty now?
to best of my knowledge, there's no provisions to levy penalty for non furnishing of form 61....
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