Balance sheet not audited yet
This query is : Resolved
01 October 2012
our company balance sheet is not audited yet
and the last date of filing return of corporate entity has also gone.
please share what are the concequences for that or penalty for that.
and the last date of filing return of corporate entity has also gone.
please share what are the concequences for that or penalty for that.
01 October 2012
You mean to say only balance sheet is not audited.... profit and loss account got audited? OR books of accounts are not audited? From income tax view point.... tax liability to be worked out with respect to tax, interest and penalty. What else you want?
01 October 2012
i mean we have not filed the company return yet as the last date was 30.09.12 so whats the penalty
01 October 2012
the same as said in my earlier reply. Tax + interest + penalty. You file the return as per your calculation of tax + interest. The departments, if found suitable will impose the penalty.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- PAN Migration to New AO
- Tax implications of gift to maternal uncle
- How to open attachment in 23ac xbrl
- 26QB correction - no data available error for fully consumed/processed with default
- Input Tax Credit Puf panels
- Capital gains LTCG
- Gifts in cash
- Demand due to error in 3cd
- TDS on Purchase of Immovable Property in case of Co Owner
- Need to send letter to GST dept. For claimed missed ITC
- Indemnity Bond Format for Excess TDS on rent refund
- AS-16 Treatment of Borrowing cost for land and building
- Why TDS receivable entry made at the date of bank Received.
- HSN WISE SUMMRY REPORTING IN GSTR-1
- Tds rate on loan given to a firm from personal file
- Excess TDS Paid_Form 26QC
- TDS ON PAYMENT TO NON-RESIDENT BY RESIDENT FOREIGN ENTITY
- HOW TO CALCULATE FOOD CHARGES
- Travel Agent Charges 5 GST without ITC. Can he raise invoice18 on Service Fee for Flight Tick
- Income tax planning
Trending Online Classes
-
Certification Course on GSTR-3B Reconciliation with GSTR-2B through Chat GPT
CA Deepak Gupta26 April 2025
CAclubindia
