Audit

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 October 2013 If the Audit is not uploaded by the CA within the due date

Is the company liable for paying penalty
or we can file on date as the proprietor was ill

01 October 2013 On 26-9-2013 CBDT has issued a notice regarding giving exemption to e-filing of audit report, according to this notification for this year e-filing of audit report can be upload upto 31-10-2013, but on or before 30-9-2013 audit report shall be filed manually with the local ITO if e-filing of audit report not done.

If you failed for both then liable for penalty otherwise not.

Click on below link to get the above notification.

https://incometaxindiaefiling.gov.in/e-Filing/Portal/StaticPDF/Audit_Duedate_Extension.pdf

OM SAI SRI SAI JAI JAI SAI

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 October 2013 HOW MUCH PENALTY
AND WAY TO GET RIDS OF IT


01 October 2013 penalty is 0.5% of the gross turnover/receipts up to maximum of Rs.1,50,000/-

If the AO satisfied with the reason for delay and he relied the reason is possible to get delay then he may excuse for penalty.

OM SAI SRI SAI JAI JAI SAI



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