Penalty for late efilling
This query is : Resolved
19 August 2013
My client have a total income less than income tax slab rs.1,90,000/- . and tds deducted in lic commission rs.15000/- . Penalty app. for efilling afer 31st july?
19 August 2013
If there is no tax evasion or income tax payment liability then penalty may not be impose.
However for A.Y 2013-14 return filed upto 31-3-2014 penalty shall not be applicable.
So in your case you didn't have tax payment liability, so penalty not applicable to your case.
OM SAI SRI SAI JAI JAI SAI
However for A.Y 2013-14 return filed upto 31-3-2014 penalty shall not be applicable.
So in your case you didn't have tax payment liability, so penalty not applicable to your case.
OM SAI SRI SAI JAI JAI SAI
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Inventory of finished goods
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Sale of property furniture sale
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- GST Regis.
- Applicability of Ind As to associate of associate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
