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Late filing of return

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Querist : Anonymous (Querist)
14 May 2012 If any assessee have file a ST3 return late i.e for April 2011 to Sep. 2011 he has file return as on today i.e 14.05.2012. So, what will be the penalty he has to pay under which section.
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CA Pradeep Sharma

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CA Pradeep Sharma (Expert)
14 May 2012 Penalty will be Rs. 20000

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