If missed Tax Audit Case to file
Vinithraj R (31 Points)
07 April 2022what are the actions from Income tax dept side ?
Vinithraj R (31 Points)
07 April 2022
CA Puja Sharma
(Chartered Accountant)
(4874 Points)
Replied 07 April 2022
The Income Tax department may issue a notice and demand penalty upto 0.5% of the total sales, turnover or gross receipts. Rs 1,50,000.
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