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Late filing of tax audit report

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 January 2018 Can Tax Audit report be filed for FY 2015-16 now? Will there be any penalty or other consequences for late filing?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
20 January 2018 Possible to file. Penalty u/s 271B can be initiated.

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