Consequences for not filing the audit report

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 September 2014 EXPERTS PLZ ASSIST....There is a client who was liable to get his accounts audited for the A.Y 2013-14 but he has not done so. What will be the consequences and penalty for the same....is there any way to save him from the penalty???

CA VISHWAKEERTHI.P.S.

CA VISHWAKEERTHI.P.S. (Expert)
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13 September 2014 Penalty U/s 271 B attracted .

No way to save if actually required get audit report because online filing of audit report made mandatory.

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