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This query is : Resolved 
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(Querist)
20 April 2012 My gross receipt exceeds Rs 20 lakh sinch last 2 years. Should i liable to pay penalty? If so then how much penalty?
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CA NIKHIL OZA

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CA NIKHIL OZA (Expert)
21 April 2012 get reg now and pay s.tax with interest n file the return by paying penalty of rs 2000..

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