banner_ad

Peanlty Rs. 20000 applicable to old ST returns submitted no

This query is : Resolved 
Profile Image

Profile Image

(Querist)
07 May 2011 Can any body clarify that wheather the maximum penalty (which is increased from Rs. 2000 to Rs. 20000) is applicable to the returns submitted now, however pertaining to period prior to 31/03/2011?
Profile Image

Surrender

Profile Image

Surrender (Expert)
08 May 2011 Maximum is a control on the authority of the Assessing Officer while he is fully empowered to impose any amount within that maximum, that may depend upon the amount of Tax so delayed !
Profile Image

Pragnesh

Profile Image

Pragnesh (Expert)
10 May 2011 It is applicable from 01.04.2011 onwards.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details