Non submission of c-form.

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Is relief available on account of bad debts (Not yet w/o in books of account,2.5 years old) for taxes along with interest payable due to non-submission of C-form before assessment? Please provide reference also.

Replies (2)

Once the transaction of sales is over, there is no further relaxation. You should submit the C Form to the Department. Non Submission of C Form attracts differential Tax with Interest.

Info @ finact.in

Yes,I agree with Mr.Sunil Kumar G,when transation is completed,than it is compulsory to submit the "C"forms to the department.


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