Sir,
If Books of accounts not audited within due date(30.9.2011)how much penalty would be charged by IT department.
Thanks
venkat
Menu
Regarding tax audit
Replies (1)
The amount of penalty shall be half a percent of turnover / gross receipts or 150000/- whichever is lower.
Recent Topics :
- Foreign remittance
- Affordable Residential Flats in Gurgaon
- Manufacturing
- TAN REGISTRATION ON E-FILLING SITE
- Form 10-IEA – Continuing Old Regime
- Income tax act 2026
- Belated Return where Form 10IEA filed this year to
- GST Reconciliation Tool (2A vs Books) - looking fo
- TDS ON PF FORM 19 WITHDRAWAL
- Can a virtual office in Mumbai be used for company
Related Topics :
CAclubindia
