17 December 2013
please provide me a link to the circular on LBT means Notification or circular as such. i want to know the rate plus penalty for non payment and other like wise detail
14 January 2014
Rate of Interest for Non-Payment of LBT is 2% per month(For 1st 12 months) then 3 % Penalty for Late Registration is upto 5 time of LBT liability arised till date of registeration,For Late Filing of return- 5,000/- And Penalty for not disclosing LBT liability in Return is upto 5 times of such amount and Ineterst @ 2% p.m. on it
CAclubindia
