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Belated return of FBT

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(Querist)
22 September 2009 Dear Respected Members,

What is the penalty if we file fbt return after Due date 31/07/2009.(Non Audit Case)

Thank in Advance
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CA.Tarun Maheshwari

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CA.Tarun Maheshwari (Expert)
22 September 2009 You can file it upto 31st March 09 as belated return without penalty but with interest if FBT payable. It can be filed upto 31st March 2010 with penalty of Rs. 5000/-.

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