Penalty for Non filing NIL returns
This query is : Resolved
06 December 2008
how to waive penalty under the act for non filing NIL returns under Service Tax
suggest some relevant legal provision in this respect
suggest some relevant legal provision in this respect
07 December 2008
Nilesh Shah Writes:
E mail: nilesh63@vsnl.com
An individual is required to file a return of income only if his income exceeds the basic exemption limit. This is the provision in section 139(1)(b) itself.
Sincerely,
Nilesh Shah
E mail: nilesh63@vsnl.com
An individual is required to file a return of income only if his income exceeds the basic exemption limit. This is the provision in section 139(1)(b) itself.
Sincerely,
Nilesh Shah
07 December 2008
Nilesh Shah Writes:
E mail: nilesh63@vsnl.com
An individual is required to file a return of income only if his income exceeds the basic exemption limit. This is the provision in section 139(1)(b) itself.
Sincerely,
Nilesh Shah
E mail: nilesh63@vsnl.com
An individual is required to file a return of income only if his income exceeds the basic exemption limit. This is the provision in section 139(1)(b) itself.
Sincerely,
Nilesh Shah
07 December 2008
If someone is not liable for filing return , penalty for not filing can not be imposed on him
07 December 2008
Sorry sir i am not satisfied with this answere
07 December 2008
i want the legal provision for waiving penalty.
there is penal provision under service tax for non filing nil returns
i want that is there any legal provision is there for waiving of penalty
there is penal provision under service tax for non filing nil returns
i want that is there any legal provision is there for waiving of penalty
08 December 2008
A default is default whether grave or not. As a registered person you have undertaken to report the activities required under a statute, if you are not reporting for bona fide reason, inform that to the Authorities, they will consider it. If you are your self deciding that you need not ifle a return because of nil activity, then you are committing a default. But can refer to Hindustan Steel case which is decision given by constitutional bench.
08 December 2008
For waiver of penalty for non filing of service tax nil return 3rd proviso to rule 7C of the service tax rules, 1994 will give you the answer.
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
- Errors in lTDS FORM 26 QB FILING FOR Last instalment payment FOR HOUSE PROPERTY PURCHASE
- TDS deposited by party after the filing of income tax returns
- Regarding Capital gain of NRI
- Reg Correction Form 15CB & 15CA
- Gstr9 fy23-24
- Rebate u/s 87a on STCG / LTCG - New tax regime
- TDS deduction requirement
- Regarding TDS refund u/s 194B & 194G of AY 2024-25
- Commission agent gst registration requirement????
- REGARDING GST LIABILITY AND ITR TYPE
- Regarding the Demand Raised in TAN due to inoperative PAN.
- ITC IN AMMENDED INVOICE IN GSTR9 2023-24
- Unclaimed ITC relates to FY2023-24 reclaimed in October-2024 but failed to reverse the same
- Rule 42 Calculation
- Fixed assets to be expensed out resulting nil value
- ITC RECREDIT NOT SHOWN IN GSTR 9
- GSTR9 ITC AVAILED CLARIFICATION
- Wrong itc ingstr-3b coloum4-b-1
- Reclaim input disclose in annual return 23-24
- How to determine Holding period of shares in the case of ( Listed shares)
Trending Online Classes
-
6 days Certification Course on GST Practical Return Filing Process
CA Pratibha Goyal16 December 2024
CAclubindia
