Dear Friends/ Seniors
I need to file a Nil return for one of my client but however it is delayed, my question is will penaly be liable for filing late return.
Kindly guide.
Thanks in Advace
Warm Regards
Ravi Dasija
Menu
Penalty in case of nil return
Replies (1)
Penalty is prescribed in most of the state VAT laws for non-filing / late filing of Returns without sufficient and resonable cause. However, in your case, you may plead for a "token penalty" is you are not able to put your case for waiver of penalty before the authorities.
Recent Topic
- Legal profession business code in section 44ADA
- Whether Indexed Capital Loss Can Be Claimed Under
- Form 145 and 146 Foreign Remittance in Excel Forma
- E invoice missed out/not generated for FY2025-26
- Can a broker's software legally override actual po
- Startup exit in Sept 2025: Can I still save LTCG t
- Need advice
- GST registration
- Tax Refund timeline
- Is Form 10E applicable for Notice Pay received in
Related Topics
CAclubindia
