It return ay 2014-2015
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 September 2014
Please let me know if a Private Limited Co not able submit the IT return within 30.09.2014 is there any legal violation and subsequent penal action imposed against the said company(considering the following points)except furnish of revise return.
1) Company not bear any loss so question of carried forward loss does not arise.
2) Advance Tax paid during year is more than provision for tax ie refundable as per self assessment
1) Company not bear any loss so question of carried forward loss does not arise.
2) Advance Tax paid during year is more than provision for tax ie refundable as per self assessment
19 September 2014
if company not comes under the provision of tax audit u/s 44AB rs 5000/- if return do not file up to 31.03.2015 : Minimum : 1/2% to total turnover, Maximum : up to 1,50,000/-
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 September 2014
Thanks for your reply but my specific query is if the company unable to furnish the return within 30.09.2014
22 September 2014
if there are no tax liability outstanding, then there wont be any issue as long as you file the return by 31 March 2015.
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
- GST Regis.
- Inventory of finished goods
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Tds on building rent monthly
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- RCM INVOICING FROM NOV-2024
- Disallowance of Section 43B(h) to sez units
- HSN Details in IFF/GSTR-1 & in GSTR 9
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
