28 September 2011
Dear Sir, what will be happened if we do not file income tax return by 30.09.2011. in case of company and individual whose return is required to be audited
28 September 2011
In view of the specific provision contained in sec. 273B, no penalty shall be imposable u/s.271B on the person or the assessee, as the case may be, for any failure referred to in the said provisions if he proves that there was reasonable cause for the said failure.
CAclubindia
