Consequences of Late filing of ER3

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Purav (Querist)
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26 April 2011 What will be the consequences of late filing of ER 3 return? The ER3 return as mentioned here is Nil Return.

Nayan Das (Expert)
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26 April 2011 late filling fees within 15 days 500/- with in a month 1000/- with in 60 days 2000/- or 100/- per day. maximum penalty 2000/-

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