Article
24 Points
Joined May 2012
I am a dealer eligible for for 704. The return for April to June 2015 was not filed by me before the due date, and I wish to file it now. However, while filing the return, it is giving me a choice to choose my fine. The options available are
1)5,000
2)2,000
3)1,000
Which amount is applicable to me? I wish to file the return today, that is 06/08/2015.
Also, please provide reasoning so I can derive answers by myself from now on.
Thanks
Harshavardhan