Penalty for belated return

This query is : Resolved 

30 September 2008 What is the penalty for submission of return after ue date i)in cases where tax audit is compulsory and ii) in other cases.

30 September 2008 If tax audit not done ,Rs.1 L+Rs5000 +penal interest

If tax audit not applicable

Rs5000 +penal interest

30 September 2008 what is the penal interest?


30 September 2008 Penal interest is interest on tax payable if any.

30 September 2008 penal interset is payable u/s 234C.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries